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Private wealth holdings are likely to become an increasingly important determinant in the job exit decision of elderly … workers. Net wealth may correlate with worker's characteristics that also determine the exit out of a job. It is therefore … (marginal) effect of wealth on the job exit rate. But even with a rich set of regressors the question remains whether there are …
Persistent link: https://www.econbiz.de/10014219345
Private wealth holdings are likely to become an increasingly important determinant in the job exit decision of elderly … workers. Net wealth may correlate with worker's characteristics that also determine the exit out of a job. It is therefore … (marginal) effect of wealth on the job exit rate. But even with a rich set of regressors the question remains whether there are …
Persistent link: https://www.econbiz.de/10013325304
Private wealth holdings are likely to become an increasingly important determinant in the job exit decision of elderly … workers. Net wealth may correlate with worker's characteristics that also determine the exit out of a job. It is therefore … (marginal) effect of wealth on the job exit rate. But even with a rich set of regressors the question remains whether there are …
Persistent link: https://www.econbiz.de/10003666470
Persistent link: https://www.econbiz.de/10012819553
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wealth. We find that investors with very reasonable amounts of risk aversion may prefer the lifecycle approach, despite the … tendency for aggressive fixed allocation strategies to produce larger expected wealth …
Persistent link: https://www.econbiz.de/10013150607
Persistent link: https://www.econbiz.de/10014335212
English couple households born in the 1940s. Here, 'optimal' wealth holdings are those that allow households to enjoy the same … calculate this level of wealth, and compare that with how much wealth households are observed to hold. We find that the majority … of households hold more wealth than our model suggests is optimal and that this would still be true even if housing …
Persistent link: https://www.econbiz.de/10010402537
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