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savings relative to pay-as-you go systems. Our results indicate that more wealth should be transferred from the young to the … implicit return on a pay-as-you-go system and the interest rate on savings should be equal to the growth rate of the economy …
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-age consumption is financed with voluntary savings, even in the presence of a fairly generous public pension system. This is clearly …
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Housing and family are prominent aspects of old age, but how they shape the elderly's savings, spending, and inter … savings behavior of homeowners and renters, the puzzling similarities in the bequests of parents and childless individuals …
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We analyze the impact of overconfidence on gender differences in wage expectations using elicited beliefs of German university applicants. Interestingly, female students have lower wage expectations and are less overconfident than their male counterparts. Oaxaca-Blinder decompositions show that...
Persistent link: https://www.econbiz.de/10012286339
This study analyzes the impact of gender and ethnic discrimination on redistributive preferences and productivity using a large online experiment with US citizens on Amazon's Mechanical Turk. Participants are randomly allocated to different payment schemes for a real-effort task. Four payment...
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