Showing 1 - 10 of 1,137
-country perspective in the growth phase of the pandemic …
Persistent link: https://www.econbiz.de/10012481244
Population aging has been linked to a global savings glut and a decline in safe real interest rates. Conversely, risky … pressure on risky returns as high-wealth elderly reallocate away from equities: aging makes retirement saving a "crowded trade …
Persistent link: https://www.econbiz.de/10013191039
Of great importance to the future World economy is the future labor force of Asia, as Asia is by far the most populous … region in the World. Expected future levels of education, very young and youth population, youth employment and unemployment …, dependency rates, human capital per capita, and the sources of growth in the potential future labor force are described in this …
Persistent link: https://www.econbiz.de/10014337769
effect. We show that improvements in health and longevity tend to increase the desired retirement age, though less than …
Persistent link: https://www.econbiz.de/10012467768
baby boom cohorts enter the workforce and save for retirement, while rising longevity has perhaps increased both the … incentive to invest in education and to save for retirement. We present estimates of a model of economic growth that highlights …
Persistent link: https://www.econbiz.de/10012467872
-specific mortality risks and implicit private values-of-life-saving (VLS) as "dual variables", and estimates them jointly. It also offers …-specific life expectancies. It can account for significant portions of observed inequalities in life expectancies across population …
Persistent link: https://www.econbiz.de/10012467931
expectancy which changes individual household saving behavior, and by changing the age distribution of the population by which … in which saving decisions are tied to agents' life expectancy. Capital flows reflect differences between saving and …
Persistent link: https://www.econbiz.de/10012459197
This paper constructs a rich model of saving for retired single people. Our framework allows for bequest motives and … the risk of living long and requiring expensive medical care is a more important driver of old age saving than the desire …
Persistent link: https://www.econbiz.de/10012463501
, and we use an estimated structural model to assess its effect on the elderly's saving. We find that the differences in … effect on the elderly's saving behavior …
Persistent link: https://www.econbiz.de/10012463996
We explore the proposition that expected longevity affects retirement decisions and accumulated wealth using micro data …
Persistent link: https://www.econbiz.de/10012465972