the rest of the economy via high unemployment and reduced labor earnings, which reduced household contributions to Social … economic shocks, and it also explores how people may react by changing their consumption, saving and investment, work and …-varying investment opportunities and countercyclical risky labor income dynamics. We show that households near retirement will reduce …

This paper studies the evolution of household income, consumption, and savings around retirement in the context of a … household consumption and savings behavior around retirement. Difference-in-differences analyses around the early retirement age … through to both savings and consumption, and contribute to a flattening of consumption profiles for workers faced with the …