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Households acquire wealth from two sources: they save out of income they have earned, and they receive transfers from … other people. The first method of wealth accumulation goes under the name of life-cycle saving, in which people save during … to explain observed wealth accumulation …
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for and control over the accumulation and use of savings for retirement. …
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Das Konzept einer redistributiven Sozialpolitik scheint schon seit längerem in Deutschland an seine Grenzen gestoßen zu sein: Die durchgehend mit einer erheblichen Umverteilungskomponente versehenen sozialen Sicherungssysteme haben einerseits zu unerträglichen Belastungen insbesondere der...
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