provides elderly assistance and is a source of savings for long-term investment. The pension systems in SSA, however, are …

provides elderly assistance and is a source of savings for long-term investment. The pension systems in SSA, however, are …

pension system induces higher savings across the life cycle and makes agents wealthier and thus more reluctant to accept low … determine the strength of each effect, we develop a life-cycle overlapping generations model with job search, savings and a …

pension system induces higher savings across the life cycle and makes agents wealthier and thus more reluctant to accept low … determine the strength of each effect, we develop a life-cycle overlapping generations model with job search, savings and a …

article tries to close this gap by analyzing the development of Prussian savings banks' deposits in the late 19th century. The … introduction of social security can affect private savings in at least two different ways: on the one hand, it might induce … households to reduce their precautionary savings; one the other hand, it might give people a reason to reflect on their financial …

article closes this gap by analyzing the development of Prussian savings banks’ deposits in the late 19th century with the … savings considerably. As counterfactual voluntary savings would have been far from sufficient, however, Bismarck’s social …