from the loss of income that would occur if a plan was underfunded when the sponsoring firm terminates a plan. Most of …

morbidity, beyond the information that is contained in standard “observable” characteristics of individuals (including pre …-existing diagnosed medical conditions). Using a ten-year span of the Canadian National Population Health Survey, we find that SAH does … contribution (DC) pension arrangements. One consequence of this shift is an effective delay in the age at which workers commit to …

larger end of the range of estimates reported in the literature. They also suggest that the share of household income … provided by the female partner is a significant determinant of her share of household consumption in most of the countries we …We estimate a collective household model with survey data on financial satisfaction from the European Community …

Identifying the effect of differential taxation on portfolio allocation requires exogenous variation in marginal tax …), we find no effect of the intra-household distribution of labor income on portfolios. … rates. Marginal tax rates vary with income, but income surely affects portfolio choice directly. In systems of individual …

The Canadian federal tax reform of 1988 replaced a spousal tax exemption with a non-refundable tax credit. This reduced … the "jointness" of the tax system: after the reform, secondary earners' effective "first dollar" marginal tax rates no … longer depended on the marginal tax rates of their spouses. In practice, the effective "first dollar" marginal tax rates …

We examine retired Canadians’ subjective survey reports of satisfaction with finances,and with life, relative to the …

approximations of individual cost-of-living indices. The Consumer Price Index (CPI) is the expenditure-weighted average of first …-weighted average which downweights the experience of poor households relative to rich households. Finally, it uses only first … cost-of-living index, which is defined as the single scaling to everyone’s expenditure which holds social welfare constant …

have many of the properties of classical measurement error. In particular, they are neither uncorrelated with true …Household expenditure data is an important input into the study of consumption and savings behaviour and of living … standards and inequality. Because it is collected in many surveys, food expenditure data has formed the basis of much work in …

This paper is an attempt to answer the long standing question of whether households with higher lifetime income save a … larger fraction of their income. The major difficulty in empirically assessing the relationship between lifetime incomes and … saving rates is to construct a credible proxy for lifetime income. The Canadian Family Expenditure Survey (FAMEX) provides us …

, including endogeneity and measurement error, and (2) the relative importance of health changes and long-term health in the … decision to work. We contrast estimates of the impact of health on employment using self-assessed health, an objective health …Using longitudinal data from the Canadian National Population Health Survey (NPHS), we study the relationship between …