Private wealth holdings are likely to become an increasingly important determinant in the job exit decision of elderly … workers. Net wealth may correlate with worker's characteristics that also determine the exit out of a job. It is therefore … (marginal) effect of wealth on the job exit rate. But even with a rich set of regressors the question remains whether there are …

account liquid financial wealth and annuities, and stocks as well as bonds. Higher labor income uncertainty and lower old … NBER Bulletin on Aging and Health by email. This paper examines how labor income volatility and social security benefits … can influence lifecycle household portfolios. We examine how much the individual optimally saves and where, taking into …

This paper examines how labor income volatility and social security benefits influence life-cycle household portfolios …. We examine how much the individual saves, and where, taking into account liquid financial wealth and annuities, and … stocks versus bonds. Higher labor income uncertainty and lower old-age benefits boost demand for stable income in retirement …

market risk when they approach retirement. The authors show how long-run labor income risk helps explain this evidence …. Moreover, they discuss the effect of long-run labor income risk on the valuation of pension plan obligations, their funding …

This paper examines how labor income volatility and social security benefits can influence lifecycle household … portfolios. We examine how much the individual optimally saves and where, taking into account liquid financial wealth and … annuities, and stocks as well as bonds. Higher labor income uncertainty and lower old-age benefits boost demand for stable …

This paper examines how labor income volatility and social security benefits can influence lifecycle household … portfolios. We examine how much the individual optimally saves and where, taking into account liquid financial wealth and … annuities, and stocks as well as bonds. Higher labor income uncertainty and lower old-age benefits boost demand for stable …