Showing 31 - 40 of 156
This paper investigates individuals' expectations about their own survival to older ages and compares patterns in average responses about survival chances with actual and projected survival rates. The extent to which individuals have, on average, accurate expectations about survival to older...
Persistent link: https://www.econbiz.de/10012028668
The "annuity puzzle" refers to the fact that annuities are rarely purchased despite the longevity insurance they provide. Most explanations for this puzzle assume that individuals have accurate expectations about their future survival. We provide evidence that individuals mis-perceive their...
Persistent link: https://www.econbiz.de/10012028686
Persistent link: https://www.econbiz.de/10012050989
The "annuity puzzle" refers to the fact that annuities are rarely purchased despite the longevity insurance they provide. Most explanations for this puzzle assume that individuals have accurate expectations about their future survival. We provide evidence that individuals misperceive their...
Persistent link: https://www.econbiz.de/10012481225
Persistent link: https://www.econbiz.de/10012436417
Persistent link: https://www.econbiz.de/10012289838
This report examines the inheritances that are likely to be received by those living in England who were born in the 1960s, 1970s and 1980s. We explore the age at which inheritances are likely to be received and the amounts that we expect to be inherited, focusing on key inequalities in each....
Persistent link: https://www.econbiz.de/10012249793
In the UK, those born between the 1930s and 1950s have seen generation-on-generation increases in wealth, while those born more recently appear to have accumulated no more wealth than their predecessors had done by the same age. There is debate over the drivers, and therefore implications, of...
Persistent link: https://www.econbiz.de/10012116572
Why do the children of wealthy parents accumulate more wealth than children from poorer backgrounds? Does parental wealth have a role in determining young people's earnings, saving choices, returns to wealth and access to homeownership? How much wealth do parents give directly to their children?...
Persistent link: https://www.econbiz.de/10012613935
Inheritances have been growing as a share of national income in the UK since the 1970s. This trend looks set to continue as generations at older ages hold more wealth than their immediate predecessors but younger generations have no higher incomes than the generations born just before them. What...
Persistent link: https://www.econbiz.de/10012511449