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Much empirical research in economics is based on data from household surveys. Panel surveys are particularly valuable … may alter subsequent behavior. We provide novel evidence of survey effects on a central life-cycle choice: household … retirement reduced their non-housing saving rate by 3.5 percentage points, on average. This mean effect is driven by high …
Persistent link: https://www.econbiz.de/10010260072
-mandatory retirement savings. Therefore we analyze the intra-household allocation of retirement savings between partners in Germany taking … "peer effect". The unitary model of household decision making can thus be rejected with respect to retirement savings. … correct for some parts of household savings, we question the correctness of the unitary model with respect to non …
Persistent link: https://www.econbiz.de/10011582956
decades. Voluntary savings for retirement will therefore gain more and more relevance in order to maintain one’s standard of … living during retirement. This article examines the savings behavior for retirement on an individual level in Germany. As a … well as the disposable household income. Furthermore migrants and individuals living in the Eastern part of Germany turn …
Persistent link: https://www.econbiz.de/10010517686
-mandatory retirement savings. To answer this question we analyze the intra-household allocation of retirement savings between partners in … of household decision making can thus be rejected with respect to retirement savings. … correct for some parts of household savings, we question the correctness of the unitary model with respect to non …
Persistent link: https://www.econbiz.de/10011434405
retirement security, enhancing welfare by up to 20% of retiree plan accruals. …
Persistent link: https://www.econbiz.de/10011932365
financial literacy and retirement planning. Overall we find aggregate levels of financial literacy similar to comparable … international norm, we find that financial skills increase with age. The role played by the Australia's mandatory private retirement …
Persistent link: https://www.econbiz.de/10013088809
have diversified ways to support financial life after retirement. In addition, annual household disposable income, family …In this paper, I am using the data from the 2013 Chinese Household Finance Survey (CHFS) to explore the impacts of … financial literacy on Chinese households' retirement planning and the demand for commercial insurances, especially among the …
Persistent link: https://www.econbiz.de/10012910582
Over the life-cycle, wealth holdings tend to be highest in the early part of retirement. The quality of financial … the Singapore Life Panel survey to measure financial literacy to study its relationship with three aspects of household …
Persistent link: https://www.econbiz.de/10012113846
Persistent link: https://www.econbiz.de/10011802885
tax subsidies for retirement saving reduces total private saving. The reform changed the tax incentives for saving in the …
Persistent link: https://www.econbiz.de/10013375227