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We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across individuals and across countries, using a European harmonised wealth survey (HFCS) combined with estimates of pension wealth (OECD). First, we find significant displacement...
Persistent link: https://www.econbiz.de/10012156487
all Dutch inhabitants over age 64; and an occupation-specific capital-funded part that provides supplementary retirement … income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … pensions have a significant negative impact on savings motives with respect to old age. Concerning the effect on household …
Persistent link: https://www.econbiz.de/10011318591
-as-you-go pension systems. To compensate for decreasing statutory pensions, many governments incentivize private saving by means of … subsidized retirement plans. In this context, Germany introduced the so-called Riester pension plans. To assess its effectiveness …
Persistent link: https://www.econbiz.de/10011695521
-as-you-go pension systems. To compensate for decreasing statutory pensions, many governments incentivize private saving by meansof … subsidized retirement plans. In this context, Germany introduced the so-called Riester pension plans. To assess its effectiveness …
Persistent link: https://www.econbiz.de/10011791713
effects of mandated Traditional (tax-deferred) or Roth (taxprepaid) retirement policies in a controlled laboratory setting … receive exogenous incomes during "working" periods, followed by no-income "retirement" periods. In each period, subjects … determine retirement savings and tax payments. Flat income and tax-rate profiles facilitate the analysis of behavioral factors …
Persistent link: https://www.econbiz.de/10014438824
KiwiSaver is a voluntary savings scheme aimed at increasing the retirement wealth of a target population. A critical … modified by their participation. This paper presents the results of an initial evaluation to assess individuals' saving … retirement income would not be sufficient to meet basic living costs. Critically, regression analysis finds no relationship …
Persistent link: https://www.econbiz.de/10010551918
KiwiSaver is a voluntary savings scheme aimed at increasing the retirement wealth of a target population. A critical … modified by their participation. This paper presents the results of an initial evaluation to assess individuals' saving … retirement income would not be sufficient to meet basic living costs. Critically, regression analysis finds no relationship …
Persistent link: https://www.econbiz.de/10012115629
retirement within both a pooled cross-sectional and a synthetic longitudinal framework. We investigate whether the saving … while income falls considerably at retirement age. Savings and saving rates thus exhibit a distinct pattern: they drop …. Consumption decreases throughout the age range. Saving rates now are lower and flatter after retirement. However, there is no sign …
Persistent link: https://www.econbiz.de/10005635272
during retirement. However, there is no consensus on the answer to the underlying question about what this standard should be …, despite the fact that it is crucial for the design of saving incentives and pension systems. We address this question with a … Netherlands. Key findings include the following. Adequate levels of retirement spending exceed 80 percent of working life spending …
Persistent link: https://www.econbiz.de/10013149011
the different forces at work that threaten economic security in retirement, and heard EBRI researchers and others discuss … ended, participants appeared to agree on the need to include health care expenses as part of retirement planning, and on the …
Persistent link: https://www.econbiz.de/10014062743