By virtue of the Ricardian Equivalence (RE) proposition, government bonds do not represent net wealth. Therefore, household's savings will increase to offset the government policy. The paper econometrically tests if governments bonds do represent net wealth based on the time series macrodata...

This study combines data from the HFCS (Household Finance and Consumption Survey) and the social security registry to estimate the present value of public pension entitlements for Austria in the year 2017. The household averages of the present value of pension entitlements and of private net...