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-person households (e.g. with a husband and a wife) from the Dutch CentER Savings Survey, we find that wives find saving for old age more …
Persistent link: https://www.econbiz.de/10011339680
of workers born in 1950 or later. At the same time, a tax-facilitated savings plan was introduced that implied a large … savings subsidy for all workers, irrespective of birth year. This paper uses linked administrative and survey data to assess … the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …
Persistent link: https://www.econbiz.de/10012427616
This paper focuses on the role of habit formation in individual preferencesover consumption and saving. We closely relate to Alessie and Lusardi's(1997) model as we estimate a model which is based on their closed-formsolution, where saving is expressed as a function of lagged saving and...
Persistent link: https://www.econbiz.de/10011327546
This paper focuses on the role of habit formation in individual preferences over consumption and saving. We closely relate to Alessie and Lusardi's (1997) model as we estimate a model which is based on their closed-form solution, where saving is expressed as a function of lagged saving and other...
Persistent link: https://www.econbiz.de/10014112750
consistent policies and show that a wage tax suffices to rule out prodigality as a rational strategy. However, using savings …
Persistent link: https://www.econbiz.de/10010262919
of workers born in 1950 or later. At the same time, a tax-facilitated savings plan was introduced that substantially … assess the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male … savings to counter the effect of the reform. These workers, who are generally in worse health, have zero substitution rates …
Persistent link: https://www.econbiz.de/10011876086
importance of unfunded, state pensions differs. We estimate how the optimal level of unfunded, state pensions depends on rate of … is rapid and unfunded pensions are currently generous. …
Persistent link: https://www.econbiz.de/10011398101
until 2050. To quantify the effects on pensions, taxes and social contributions, we use an overlapping generations model …
Persistent link: https://www.econbiz.de/10011416024
We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan's population can explain the level of, and past and...
Persistent link: https://www.econbiz.de/10010332306
effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or …
Persistent link: https://www.econbiz.de/10010267482