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We use data from the Health and Retirement Study (HRS) and the Office of Housing Enterprise Oversight to measure the … effect of changes in housing wealth on retirement timing. Using cross-MSA variation in house-price movements to identify … wealth effects on retirement timing, we find evidence that such wealth effects are present. According to some specifications …
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price risks after retirement. We analyze low demand using a life-cycle model structurally estimated with a unique stated …
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We present new evidence on financial literacy and retirement preparation in the Netherlands based on two surveys … 2005 to 2010, significantly more individuals planned for their retirement in 2010. At the same time, employees …' expectations about the level of their pension income are high compared to what retirement plans may realistically provide. However …
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We examine the relationship between financial literacy and retirement planning in a representative sample of Swedish …
Persistent link: https://www.econbiz.de/10013127105
In this chapter, we review the evidence on retirement and study the role of incentives in the retirement decision. The … the typical household nearing retirement today in most developed economies is one in which both husband and wife work, we … discrete drops in hours of work at the point of “retirement” are presented. We study the main retirement incentives that …
Persistent link: https://www.econbiz.de/10014023465
propensity for planning retirement. In their planning process, individuals seek to achieve an optimal wealth level before their … retirement by considering both their average saving rate and their retirement age. In this paper, we tested whether UK … individuals with a higher level of financial market participation and, therefore, with a higher propensity for planning retirement …
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