criterion to rank them but that the retirement motive is the most important saving motive of European households if the …In this paper, we analyze the saving motives of European households using micro-data from the Household Finance and … most important saving motive of European households when the proportion of households saving for each motive is used as the …

In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the … saving. Thus, the Wealth Decumulation Puzzle (the tendency of the retired elderly to decumulate their wealth more slowly than …

households is a more important explanation for the recent decline in the household saving rate. However, it is likely that other …'s household saving rate, with emphasis on the impact of the age structure of the population, and to make projections about future … trends therein. The paper finds that Japan's household saving rate has not always been high either absolutely or relative to …

, saving, and labor supply behavior of households. We show that bequests and other intergenerational transfers are prevalent in … consumption and saving behavior of households to some extent, especially that of elderly households, that they affect the labor … supply behavior of households, especially that of bequest recipients, and that they have important policy implications. …

In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … from the “Survey of Italian Households' Income and Wealth,” a panel survey of households conducted every two years by the … saving. Thus, the Wealth Decumulation Puzzle (the tendency of the retired elderly to decumulate their wealth more slowly than …

expected wealth decumulation rate of the retired elderly, at least in the case of Japan, even though both precautionary saving …This paper analyzes the determinants of the wealth decumulation behavior of the retired elderly in Japan using unique … information from two household surveys, and by so doing, attempts to assess the relative importance of precautionary saving and …

light on the impact of intergenerational transfers on household wealth disparities and on possible reasons for the … substantial differences in household wealth disparities among the 4 countries. Almost all of the evidence I present suggests that … intergenerational transfers have a disequalizing impact on household wealth disparities and promote the transmission of household wealth …

Retirement in Europe (SHARE) to examine the wealth accumulation (saving) behavior of the retired elderly in Europe. To summarize … period). These findings strongly suggest that the Wealth Decumulation (or Retirement Saving) Puzzle (the tendency of the … our main findings, we find that less than half of the retired elderly in Europe are decumulating their wealth and that the …

This chapter is concerned with the distribution of personal wealth, which usually refers to the material assets that … on wealth distribution for a number of countries. This confirms the well known fact that wealth is more unequally … distributed than income, and points to a long term downward trend in wealth inequality over most of the twentieth century. We also …