Showing 1 - 10 of 21
Using three major UK pension reforms as natural experiments we investigate the relationship between pension saving and discretionary private savings. Unlike most differences-in -differences approaches which rely on average differences between the control and the treatment group, we use economic...
Persistent link: https://www.econbiz.de/10010292994
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10014480512
Faced with ageing populations, OECD governments are seeking policies to increase individual retirement saving. In April … 2001, the UK government introduced Stakeholder Pensions – a low cost retirement saving vehicle. The reform also changed the …
Persistent link: https://www.econbiz.de/10010292951
We present empirical evidence which suggests that a big increase in dividend taxation for UK pension funds in July 1997 affected the form in which some UK companies chose to make dividend payments, but otherwise had limited effects on both the level of dividend payments and the level of...
Persistent link: https://www.econbiz.de/10010293015
This paper tries to assess whether or not we have any empirical evidence of links between early retirement and youth …
Persistent link: https://www.econbiz.de/10010275756
three reforms are designed to increase the retirement age by changing the incentive structure underlying the pension system …. The first increases the state pension age by three years. The second introduces an actuarial adjustment to retirement both … floor so as to mirror more closely the existing state pension scheme in the UK. Using a transition model of retirement, the …
Persistent link: https://www.econbiz.de/10010293008
current earnings than members of defined contribution pensions and that median expected private pension income in retirement … less likely to expect any inheritance. Hence we conclude that inequalities in different dimensions of retirement resources …
Persistent link: https://www.econbiz.de/10010293040
In this paper we investigate the way consumption changes around retirement in Italy. Using micro data covering the 1985 … consumption at retirement of the household head, as in the UK and the US, and find that consumption of work-related goods falls … around retirement age and home production of food and other goods increases. Given that we can provide evidence that Italian …
Persistent link: https://www.econbiz.de/10010293044
This paper sets out revealed preference tests for different models of consumption behaviour over retirement that we …
Persistent link: https://www.econbiz.de/10011335611
In this paper we investigate the size of the consumption drop at retirement in Italy. We use micro data on food and … retirement by exploiting the exogenous variability in pension eligibility to correct for the endogenous nature of the retirement … drop that is associated with retirement induced by eligibility. We show that such fall is not driven by liquidity problems …
Persistent link: https://www.econbiz.de/10010275727