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We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across … heterogeneity in the mean savings offset depending on age, risk attitudes and country. Third, the offset follows different patterns …
Persistent link: https://www.econbiz.de/10012859807
We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across … heterogeneity in the mean savings offset depending on age, risk attitudes and country. Third, the offset follows different patterns …
Persistent link: https://www.econbiz.de/10012156487
on education and health more than on other consumption items. -- Pensions ; pension reform ; household savings rate …We relate household saving to pension reform, to explain the high household saving rates in urban China from a new … on household saving, and obtain a significant offset effect of pension wealth on household saving. Our estimations show …
Persistent link: https://www.econbiz.de/10003826464
pension wealth created by Poland's 1999 pension reform. Using the 1997-2003 Polish Household Budget Surveys, we begin by … estimating “difference-in-differences” regressions, where we compare household saving and expenditure across time and between … household saving. We also find heterogeneity in responses. For the middle-aged cohorts, we find a large public pension crowd …
Persistent link: https://www.econbiz.de/10012972107
pension wealth created by Poland's 1999 pension reform. Using the 1997–2003 Polish Household Budget Surveys, we begin by … estimating "difference-in-differences" regressions, where we compare household saving and expenditure across time and between … household saving. We also find heterogeneity in responses. For the middle-aged cohorts, we find a large public pension crowd …
Persistent link: https://www.econbiz.de/10013026410
This paper examines the substitution between pension wealth and household saving by studying Norway's 2011 pension … reform. The analysis identifies the effect of reductions in social security pension generosity on household saving using … reform, which corresponds to a five-year increase in household saving of about 27,000 NOK. When taking into account the …
Persistent link: https://www.econbiz.de/10013370964
We use recently collected retrospective survey data to estimate the displacement effect of pension wealth on household … savings. The third wave of the Survey of Health, Ageing and Retirement in Europe, SHARELIFE, collects information on the …
Persistent link: https://www.econbiz.de/10013118948
We use recently collected retrospective survey data to estimate the displacement effect of pension wealth on household … savings. The third wave of the Survey of Health, Ageing and Retirement in Europe, SHARELIFE, collects information on the …
Persistent link: https://www.econbiz.de/10013079941
and researchers. This includes the use to estimate the offset between UPPE and savings (Feldstein 1974). Finally, we show …-country level. -- Households` wealth ; pension liabilities ; pension entitlements ; household saving …
Persistent link: https://www.econbiz.de/10009733375
the interrelationship between public pension schemes and household savings based on Pearson's correlation coefficients. In … European Union (EU). It focuses on the relationship between the quality of domestic public pension schemes and household … savings for old age in the EU member and candidate countries. The study was conducted in two stages. The first stage examined …
Persistent link: https://www.econbiz.de/10014529552