This paper shows that households who enter retirement with low wealth consistently followed non-permanent income … consumption behavior of these households early in their lifecycle. It is shown that these low pre-retirement wealth households had … consumption rules during their working years. Using the Panel Study of Income Dynamics (PSID), household wealth in 1989 is …

This paper shows that households who enter retirement with low wealth consistently followed non-permanent income … low pre-retirement wealth households had consumption growth that responded to predictable changes in income during their … concluded that households who entered retirement with lower than predicted wealth consistently followed near sighted consumption …

is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth … substitution effect of earned income is negative, thus decreasing the retirement probability. The retirement decision is strongly …

is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth … substitution effect of earned income is negative, thus decreasing the retirement probability. The retirement decision is strongly …

Is the current mix of tax preferences for employer-sponsored pensions and individual retirement saving in the U ….S. delivering the best possible retirement-preparedness across and within generations? Using data from the triennial Survey of … Consumer Finances for 1989 through 2013, cohort-based analysis of life-cycle trajectories shows that (1) overall retirement …

Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement …