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structural life-cycle model of singles' and married couples' labor supply and savings decisions. The model includes heterogeneity …
Persistent link: https://www.econbiz.de/10014286635
We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions … significant negative impacts of the retirement status on housing consumption, which is hard to reconcile with the life-cycle …
Persistent link: https://www.econbiz.de/10011455042
This paper analyzes the main uncertainty of college saving - the child’s ability - in the context of the saving with …’ forward-looking saving behavior when they are confronted with the real option of college choice due to uncertainty of their … investigates college saving behavior when learning is present. Data suggest pessimistic and/or rich parents might reduce the level …
Persistent link: https://www.econbiz.de/10009625571
-Economic Panel and the SAVE study indicate that private saving was hardly affected by the introduction of the Riester scheme …. -- Household saving ; Saving incentives ; Retirement ; Riester scheme ; Coarsened exact matching …
Persistent link: https://www.econbiz.de/10003952553
. To do so, we specify a structural life-cycle model of the labor supply, savings, and social assistance claiming decisions …
Persistent link: https://www.econbiz.de/10012108668
making labor supply choices for both spouses. For this purpose, we specify a structural life-cycle model of the labor supply …
Persistent link: https://www.econbiz.de/10010530687
Persistent link: https://www.econbiz.de/10010340470
personalized feedback consisting of recommendations to self-set saving goals. These recommendations trigger increases in savings of … address crowding-out behavior into other forms of saving. …
Persistent link: https://www.econbiz.de/10012126111
We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … homogeneity across countries with respect to saving preferences and the relative importance of different motives for saving. In … significant and economically important determinants of household saving preferences and credit constraints. …
Persistent link: https://www.econbiz.de/10010388544
We examine the financial resilience of Austrian households, relating it to their experience of financial shocks earlier in life and to their financial literacy. We find that previous negative (positive) financial shocks are negatively (positively) related to financial resilience. Financial...
Persistent link: https://www.econbiz.de/10014473206