life-cycle consumption and savings. According to numerous studies on subjective survival beliefs, young people also …

is compared with hyperbolic discounting within a standard life-cycle setting of consumption and savings. We show …

and Retirement in Europe (SHARE) with life table data from the Human Mortality Database this study provides first …. Based on a data set that matches subjective survival expectations and savings indicators from the Survey of Health, Ageing …

) based on subjective survival expectations elicited in the Survey of Health, Ageing and Retirement in Europe (SHARE) and … matching data on longevity risk from the Human Mortality Database. We find a positive relationship between the forecast … longevity risk. Our analysis of savings behavior shows that the dispersion in survival estimates is primarily explained by …

Theoretical studies suggest that unexpected changes in future mortality and survival probabilities (stochastic … mortality) are important determinants of individuals’ decisions about consumption, saving, asset allocation, and retirement … timing. Using data on subjective survival expectations elicited in the Survey of Health, Ageing and Retirement in Europe …

Traditionally, households have been seen as acting as a single unit when it comes to savings. Although this might be … correct for some parts of household savings, we question the correctness of the unitary model with respect to non …-mandatory retirement savings. Therefore we analyze the intra-household allocation of retirement savings between partners in Germany taking …