mandatory retirement savings. Agents with present bias may choose to work informally to avoid the mandatory contributions and … contribution rate will actually increase their savings and welfare …

How does the provision of public pension benefits impact private savings? We answer this question in the context of a …, inconsistent with the notion that future differences in pension eligibility impact savings. Second, we show large savings responses … to other savings vehicles, such as bank or stock market accounts. Additional analyses point to inertia as a leading …

savings for old age in the EU member and candidate countries. The study was conducted in two stages. The first stage examined … the interrelationship between public pension schemes and household savings based on Pearson's correlation coefficients. In … address the role of private savings in supplementing households' future income from public pension schemes, considering the …

Many countries in the developing world have implemented non-contributory old-age pensions. Evidence of the impact of …

Many countries in the developing world have implemented old-age pensions. Evidence of the impact of such policies on … of other household members and of household savings patterns as well as support for interventions aimed at improving the …