called "Juncker-Plan" which aims to boost investment across Europe. In our contribution we focus on retirement savings and … investment for growth aspects of the CMU. We find that Europeans indeed accumulate savings but do not invest and thus do not … prepare for retirement. Additionally, long-term investment could foster growth in the European Union (EU). We argue that the …

investment for most EU member countries. Robustness tests show that this result holds up in the presence of both policy … strong impact on investment and labor markets. Copyright Kluwer Academic Publishers 2001 …