While it is understood that differing ethnic groups have differing income and therefore differing capacity to save for … retirement, it is not generally recognized that differing genders and ethnic groups do not save the same even if income is … equalized. This article contributes to the discussion by studying the determinants of retirement wealth across a range of …

income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … are drawn from the CentER Savings Survey, which consists of a representative and a highest-income-decile sample of Dutch … households. The survey contains rich information on household wealth, pension rights and savings attitudes. A result of the …

This study presents a new database, the Swedish National Wealth Database (SNWD), which contains annual data on private …, public and national wealth and sectoral saving rates in Sweden over the past two centuries. The paper reviews previous … investigations of national wealth, compares their estimates with the new ones and discusses method approaches and measurement …

This study presents a new database, the Swedish National Wealth Database (SNWD), which contains annual data on private …, public and national wealth and sectoral saving rates in Sweden over the past two centuries. The paper reviews previous … investigations of national wealth, compares their estimates with the new ones and discusses method approaches and measurement …

account and the intertemporal savings and investment choices of its households, firms, and governments. In this paper, we … assess the empirical relevance of the permanent income theory of household saving, a key building block of recent theoretical … future changes in disposable labor income. If the theory is true, saving should be the best available predictor of future …

We quantified the relative importance of the precautionary motive in determining savings. Existing empirical evidence … suggests that the impact of precautionary savings is small if one uses a subjective measure of uncertainty about next year … income. However, other studies use an ‘objective' method to proxy for income uncertainty by exploiting life-cycle income …

Using data from the Survey of Consumer Finances, this paper updates and extends previous research on the racial wealth … gap in the United States. We explore several hypotheses that help explain differential wealth accumulation by racial … to the literature. We find that observable factors account for the entire wealth gap between white and Hispanic families …