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the estimated displacement effect of pensions on private savings towards zero. …This paper investigates the relationship between household saving and pensions, and estimates both the displacement … effect of pensions on private saving and the precautionary saving effect due to uncertainty in pension income. I estimate the …
Persistent link: https://www.econbiz.de/10011547663
savings. The third wave of the Survey of Health, Ageing and Retirement in Europe, SHARELIFE, collects information on the …
Persistent link: https://www.econbiz.de/10009737604
effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or … ; renegotiation-proofness ; altruism ; fertility ; saving ; transfers ; attention ; pensions ; credit rationing …
Persistent link: https://www.econbiz.de/10003260821
pensions with personal pension plans strengthened the explanatory power of financial strength indicators. Exploiting a module …
Persistent link: https://www.econbiz.de/10012861356
Both policymakers and members of the public are concerned regarding the adequacy of U.S. households' retirement savings … point out that they currently save little. But this leaves open the possibility that low savings are appropriate given … quintile of the earning distribution, little savings are necessary on top of Social Security. For earners above that level …
Persistent link: https://www.econbiz.de/10012847028
the estimated displacement effect of pensions on private savings towards zero …This paper investigates the relationship between household saving and pensions, and estimates both the displacement … effect of pensions on private saving and the precautionary saving effect due to uncertainty in pension income. I estimate the …
Persistent link: https://www.econbiz.de/10012979049
I study the relationship between household saving and pensions, and estimate both the displacement effect of pensions …, the consumption function depends on expected pension benefits and pension risk. I estimate the savings equation implied by …. Exploiting exogenous variation due to pension fund performance, I show that savings decrease significantly with expected pension …
Persistent link: https://www.econbiz.de/10013007878
of two tiers of second pillar savings – mandated and non-mandated (voluntary). Furthermore, the government can set two …
Persistent link: https://www.econbiz.de/10013034470
This paper examines the importance of pensions (employment and social security), taxes and government transfers for … alternative retirement savings drawdown strategies, based on Canadian evidence. Using as examples single elderly Canadians at the … incorporating pensions, taxes and transfers alters those rankings. Our primary finding is that consideration of pensions, taxes and …
Persistent link: https://www.econbiz.de/10012948133
A central justification for social insurance and for other policies aimed at retirement savings is that individuals may … payroll taxes and other withholding to fund retirement savings as akin to an income tax, while largely ignoring the distant …, making savings-promotion policies much more costly than appreciated. Or consider what may be the labor supply implications …
Persistent link: https://www.econbiz.de/10013019561