Smith, Paul; Love, David - Federal Reserve Board (Board of Governors of the … - 2007
future income (e.g., Social Security or pension income) that can substitute for bonds
2
in a household’s total wealth …
contain self-reported measures for Social Security and pension income, measurement error
is likely to be more of a problem for … because it controls for the present value
of wages, allows for better measurement of Social Security and pensions, and avoids …