In this paper, we analyze the saving motives of European households using micro-data from the Household Finance and Consumption Survey (HFCS), which is conducted by the European Central Bank. We find that the rank ordering of saving motives differs greatly depending on what criterion is used to...

Rezension: Hervorgegangen aus einer Vorlesung mit dem Titel "Wirtschaftspolitik in einer alternden Gesellschaft" an der Goethe-Universität Frankfurt, befasst sich der Titel mit Herausforderungen und Problemen der demographischen Entwicklung aus einer sozio-ökonomischen Sicht heraus (z.B....

This paper examines the impacts on welfare, savings, labor supply, and the government budget of several possible reforms of the Polish pension and unemployment benefit systems. The framework of analysis is a life cycle simulation model of household consumption, labor supply and retirement...