Based on the HRS, I find strong dissaving of nursing home residents and a significant overestimation of U.S. saving rates from age 75 onwards if nursing home residents are excluded as in most micro datasets.

Since about ¾ of all self-employed are not secured by a mandatory pension plan, the question arises to what extent old-age poverty could become a problem for them. Therefore, a detailed study of how the self-employed save for their retirement seems necessary. The SAVE panel of 2005-2008 offers...

Questions about monetary variables (such as income, wealth or savings) are key components of questionnaires on household finances. However, missing information on such sensitive topics is a well-known phenomenon which can seriously bias any inference based only on complete-case analysis. Many...

Die Finanz- und Wirtschaftskrise hat sich zwar negativ auf den Wert von Vermögensanlagen ausgewirkt aber nicht so stark, wie allgemein angenommen wird. Die Dynamik in der Verbreitung der Riester-Verträge wurde allerdings durch die Krise gestoppt. Einen leichten Rückgang gab es vor allem bei...