Showing 1 - 10 of 19,549
contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information …
Persistent link: https://www.econbiz.de/10011555586
contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information …
Persistent link: https://www.econbiz.de/10011584626
contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information …
Persistent link: https://www.econbiz.de/10011927992
contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information …
Persistent link: https://www.econbiz.de/10011637578
not clear cut. Contrary to the usual practice of considering the allocation of household income over consumption and …On the basis of a concatenation of fifteen Belgian household budget surveys from 1995/96 to 2010, we investigate the … impact of demographic factors, such as ageing and changing household composition, on saving behaviour. Not focusing on high …
Persistent link: https://www.econbiz.de/10011506806
English couple households born in the 1940s. Here, 'optimal' wealth holdings are those that allow households to enjoy the same … level of living standards in both working life and retirement. We use a life-cycle model of consumption and saving to … calculate this level of wealth, and compare that with how much wealth households are observed to hold. We find that the majority …
Persistent link: https://www.econbiz.de/10011335622
from the English Longitudinal Study of Ageing, an optimal level of wealth is calculated for each household. This is … compared to the levels of wealth observed in the data. Our results show that, for those born in the 1940s, the vast majority of … households have wealth levels far greater than necessary to maintain their living standards into and through retirement. …
Persistent link: https://www.econbiz.de/10011335629
Using a lifecycle model of consumption, saving and portfolio choice combined with linked survey and administrative data … on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure …
Persistent link: https://www.econbiz.de/10012215428
KiwiSaver is a voluntary savings scheme aimed at increasing the retirement wealth of a target population. A critical … nature; and, having chosen to participate, the extent to which their attitudes and practices toward savings have been …. We find that members adjust their savings portfolio such that only about one third of the contributions they make to …
Persistent link: https://www.econbiz.de/10012115629
In this paper, we conduct a dynamic panel analysis of the determinants of the household saving rate in China using a … life cycle model and panel data on Chinese provinces for the 1995-2004 period from China's household survey. We find that … China's household saving rate has been high and rising and that the main determinants of variations over time and over space …
Persistent link: https://www.econbiz.de/10010332228