How does the provision of public pension benefits impact private savings? We answer this question in the context of a …, inconsistent with the notion that future differences in pension eligibility impact savings. Second, we show large savings responses … to other savings vehicles, such as bank or stock market accounts. Additional analyses point to inertia as a leading …

Both policymakers and members of the public are concerned regarding the adequacy of U.S. households' retirement savings … point out that they currently save little. But this leaves open the possibility that low savings are appropriate given … simple model to calculate the household wealth and saving rates necessary for stylized earners to achieve income …

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 …

article uses data from the Spanish Survey of Household Finances to estimate the additional savings generated by this type of …The tax incentive enjoyed by workplace pension schemes could encourage participants to increase their total savings or …, alternatively, crowd out savings that would have materialised in other financial vehicles in the absence of this incentive. This …

Tax deductions on contributions to registered savings vehicles are a common policy tool used by governments in many … paper, we investigate the extent to which pre-retirement savings withdrawals respond to changes in the net-of-tax benefit of … correlation between savings withdrawals and the effective marginal tax rate is negative for those with higher financial literacy …

' retirement-savings decisions. In both conditions, the calculator projects workers' retirement income goals. In the treatment … condition, it also projects retirement income based on definedcontribution savings, prominently displays the gap between …

' retirement-savings decisions. In both conditions, the calculator projects workers' retirement income goal. In the treatment … condition, it also projects retirement income based on defined-contribution savings, prominently displays the gap between …

This paper examines the retirement savings investment choices of Australian workers over a three year period, including …