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A Comparison of National Saving Rates in the UK, Us and Italy
Kirsanova, Tatiana - 2006
We develop the approach of Gokhale, Kotlikoff amp; Sabelhaus (1996), based on the lifecycle model of savings, to … decompose the differences in the national saving rates between the UK, US and Italy. Our work suggests that the US saving rate …
Persistent link: https://www.econbiz.de/10012732550
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The wealth decumulation behavior of the retired elderly in Italy : the importance of bequest motives and precautionary saving
Ventura, Luigi; Horioka, Charles - 2020
Persistent link: https://www.econbiz.de/10012221591
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The Wealth Decumulation Behavior of the Retired Elderly in Italy : The Importance of Bequest Motives and Precautionary Saving
Ventura, Luigi - 2020
In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … Bank of Italy. We find that, on average, the retired elderly in Italy are decumulating their wealth (dissaving) but that … retired elderly in Italy are continuing to accumulate wealth and that more than 80 percent are doing positive amounts of …
Persistent link: https://www.econbiz.de/10012481942
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The wealth decumulation behavior of the retired elderly in Italy : the importance of bequest motives and precautionary saving
Ventura, Luigi; Horioka, Charles - 2020
Persistent link: https://www.econbiz.de/10012395598
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The wealth decumulation behavior of the retired elderly in Italy : the importance of bequest motives and precautionary saving
Ventura, Luigi; Horioka, Charles - In: Review of Economics of the Household 18 (2020) 3, pp. 575-597
Persistent link: https://www.econbiz.de/10012303286
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The wealth decumulation behavior of the retired elderly in Italy : the importance of bequest motives and precautionary saving
Ventura, Luigi; Horioka, Charles - 2020
In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … Bank of Italy. We find that, on average, the retired elderly in Italy are decumulating their wealth (dissaving) but that … retired elderly in Italy are continuing to accumulate wealth and that more than 80 percent are doing positive amounts of …
Persistent link: https://www.econbiz.de/10012198628
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Dissaving by the Elderly, Transfer Motives and Liquidity Constraints
Ando, Albert - 1993
Two explanations have been proposed for the observed slowness of wealth decumulation by the elderly in the literature: the precautionary saving induced by (uninsurable) uncertainty about the time of death or by the possibility of major catastrophes in old age that require large outlays; the...
Persistent link: https://www.econbiz.de/10012474371
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The wealth decumulation behavior of the retired elderly in Italy : the importance of bequest motives and precautionary saving
Ventura, Luigi; Horioka, Charles - 2020
Persistent link: https://www.econbiz.de/10012316381
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The Wealth Decumulation Behavior of the Retired Elderly in Italy : The Importance of Bequest Motives and Precautionary Saving
Ventura, Luigi; Horioka, Charles Yuji - 2022
In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … Bank of Italy. We find that, on average, the retired elderly in Italy are decumulating their wealth (dissaving) but that … retired elderly in Italy are continuing to accumulate wealth and that more than 80 percent are doing positive amounts of …
Persistent link: https://www.econbiz.de/10014239610
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Dissaving by the Elderly, Transfer Motives and Liquidity Constraints
Ando, Albert; Guiso, Luigi; Terlizzese, Daniele - 2021
Two explanations have been proposed for the observed slowness of wealth decumulation by the elderly in the literature: the precautionary saving induced by (uninsurable) uncertainty about the time of death or by the possibility of major catastrophes in old age that require large outlays; the...
Persistent link: https://www.econbiz.de/10013310140