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The regulation of private and public pension plans in the United States begins with the premise that employer-sponsored plans resemble traditional donative, or gift, trusts. Accordingly, the Employee Retirement Income Security Act of 1974 (ERISA) famously “imports” major principles of...
Persistent link: https://www.econbiz.de/10012982283
This paper analyzes private retirement savings, the amount for German individuals and how these savings are influenced … investigated how the Big-Five and the Locus of Control influence the decision to have private retirement savings, and the estimated … amount of these savings. Results indicate a positive effect for Extraversion and a negative effect for Agreeableness on the …
Persistent link: https://www.econbiz.de/10012983094
Persistent link: https://www.econbiz.de/10012983188
This paper specifies and estimates a structural dynamic stochastic model of the way individuals make retirement and saving choices in an uncertain world, and applies that model to analyze the effects of the stock market bubble on retirement behavior. The model includes individual variation both...
Persistent link: https://www.econbiz.de/10014093130
access to up to $A20,000 of their ‘preserved’ retirement savings, making otherwise illiquid balances temporarily liquid …, findings raise the question of whether the framing of mandatory retirement savings as a mental account solely to finance …
Persistent link: https://www.econbiz.de/10014025924
enrollment yields negligible effects on retirement savings …
Persistent link: https://www.econbiz.de/10014351062
savings are smaller than the short-run effects, with some savings financed via debt. I also review efforts to expand access to … employer-based retirement savings and liquid savings, the pros and cons of target date funds as default investment options …
Persistent link: https://www.econbiz.de/10014635616
) 1999-2002 from Statistics Canada. Our paper extends the typical labour-leisure model used to analyze the decision to skip …
Persistent link: https://www.econbiz.de/10014027837
Since an inter-governmental review of Canada's retirement income sufficiency was launched in 2009, a number of high …-profile expert studies have analyzed the level of preparedness of Canada's future retirees. Each of the five studies reviewed in this … methodologies in coming up with these results. The MRL and Wolfson studies both make use of Statistics Canada's LifePaths …
Persistent link: https://www.econbiz.de/10012982689
This paper analyzes the determinants of participation rate movements in Canada from the early 1950s through the 1970s …
Persistent link: https://www.econbiz.de/10014194346