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the Netherlands in the period 1995 through 2001, we analyse the impact of wealth, savings, and debt position on job exit …Theoretical models predict a positive impact of the level of individual wealth on the job exit probability. Empirically … this prediction is most likely to be relevant for elderly workers who have accumulated wealth throughout their working life …
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that the differences in wealth are driven by both higher savings and higher portfolio returns among the more educated …This paper studies the effect of education on wealth and wealth accumulation over the life cycle. The analysis relies …
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As the baby boomers begin to retire, a great deal remains unknown about the evolution of wealth toward the end of life … annuitized assets into an expected annual amount of wealth per person. We use this measure, which we call annualized … comprehensive wealth, to investigate spend-down behavior among older households in the Health and Retirement Study. Our analysis …
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We use Norwegian administrative panel data on wealth and income between 1993 and 2015 to study lifecycle wealth … capital gains, and save at higher rates. At age 50, the excess wealth of the top 0.1% group relative to mid-wealth households … is accounted for in about equal terms by higher saving rates (34%), higher initial wealth (32%), and higher returns (27 …
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