Crawford, Rowena; O'Dea, Cormac - In: Quantitative economics : QE ; journal of the … 11 (2020) 2, pp. 637-670
on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … factors for households and compare these estimates of their patience to their replacement rates-the simple measure often used … to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure …
