effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or … ; renegotiation-proofness ; altruism ; fertility ; saving ; transfers ; attention ; pensions ; credit rationing …

When it comes to estimating the benefits of long-term savings, many people rely on their intuition. Focusing on the … domain of retirement savings, we use a randomized experiment to explore people's intuition about how money accumulates over … time. We ask half of our sample to estimate future consumption given savings (the forward perspective). The other half of …

When it comes to estimating the benefits of long-term savings, many people rely on their intuition. Focusing on the … domain of retirement savings, we use a randomized experiment to explore people's intuition about how money accumulates over … time. We ask half of our sample to estimate future consumption given savings (the forward perspective). The other half of …

Savings Shortfalls (RSS). The aggregate RSS for these age cohorts expressed in 2010 dollars is $4.55 trillion, for an overall …

enhance financial literacy with regard to pensions and old-age provision. As two case studies Germany and the UK are compared …

directly translate in additional retirement savings. We show that the annuity stream generated by conventional and … unconventional accounts from age 65 onwards is small and that most savings are residual and are not being put aside for a specific … motive. Also self-employed retirement savings are low, even though this group has generally no occupational pension …

savings. The third wave of the Survey of Health, Ageing and Retirement in Europe, SHARELIFE, collects information on the … show the ability of the retrospective survey to generate cross-country differences in wages and pensions which are in line …

version of our retirement savings model, which is a rational forward-looking framework that aims to guide a household toward … would lead to higher retirement savings for the household situations illustrated. By contrast, the increase in the Social … Security taxable wage maximum would lead to a decrease in retirement savings. Taking all the proposals together, saving rates …