Author: Bjorn Eberhardt
Publisher:
ISBN:
Category : Early retirement
Languages : en
Pages : 236
Book Description
Essays on Retirement Economics
Author: Bjorn Eberhardt
Publisher:
ISBN:
Category : Early retirement
Languages : en
Pages : 236
Book Description
Publisher:
ISBN:
Category : Early retirement
Languages : en
Pages : 236
Book Description
Essays on the Economics of Retirement and Pensions
Author: Gemma Charlotte Tetlow
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Essays on the Economics of Retirement and Pensions
Author: G. C. Tetlow
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Essays on Saving, Bequests, Altruism, and Life-cycle Planning
Author: Laurence J. Kotlikoff
Publisher: MIT Press
ISBN: 9780262263344
Category : Business & Economics
Languages : en
Pages : 596
Book Description
This collection of essays, coauthored with other distinguished economists, offers new perspectives on saving, intergenerational economic ties, retirement planning, and the distribution of wealth. The book links life-cycle microeconomic behavior to important macroeconomic outcomes, including the roughly 50 percent postwar decline in America's rate of saving and its increasing wealth inequality. The book traces these outcomes to the government's five-decade-long policy of transferring, in the form of annuities, ever larger sums from young savers to old spenders. The book presents new theoretical and empirical analyses of altruism that rule out the possibility that private intergenerational transfers have offset those by the government.While rational life-cycle behavior can explain broad economic outcomes, the book also shows that a significant minority of households fail to make coherent life-cycle saving and insurance decisions. These mistakes are compounded by reliance on conventional financial planning tools, which the book compares with Economic Security Planner (ESPlanner), a new life-cycle financial planning software program. The application of ESPlanner to U.S. data indicates that most Americans approaching retirement age are saving at much lower rates than they should be, given potential major cuts in Social Security benefits.
Publisher: MIT Press
ISBN: 9780262263344
Category : Business & Economics
Languages : en
Pages : 596
Book Description
This collection of essays, coauthored with other distinguished economists, offers new perspectives on saving, intergenerational economic ties, retirement planning, and the distribution of wealth. The book links life-cycle microeconomic behavior to important macroeconomic outcomes, including the roughly 50 percent postwar decline in America's rate of saving and its increasing wealth inequality. The book traces these outcomes to the government's five-decade-long policy of transferring, in the form of annuities, ever larger sums from young savers to old spenders. The book presents new theoretical and empirical analyses of altruism that rule out the possibility that private intergenerational transfers have offset those by the government.While rational life-cycle behavior can explain broad economic outcomes, the book also shows that a significant minority of households fail to make coherent life-cycle saving and insurance decisions. These mistakes are compounded by reliance on conventional financial planning tools, which the book compares with Economic Security Planner (ESPlanner), a new life-cycle financial planning software program. The application of ESPlanner to U.S. data indicates that most Americans approaching retirement age are saving at much lower rates than they should be, given potential major cuts in Social Security benefits.
Essays in the Economics of Retirement Income Security and Household Decision-making
Author: Saku P. Aura
Publisher:
ISBN:
Category :
Languages : en
Pages : 182
Book Description
The first essay of this thesis studies within-family decision making regarding investment in income protection for surviving spouses using a simple and tractable Nash-bargaining model. A change in US pension law (the Retirement Equity Act of 1984) is used as an instrument to derive predictions from the bargaining model and to contrast these with the predictions of the classical single-utility-function model of the household. In the empirical part of the essay, the predictions of the classical model are rejected in favor of the predictions of the Nash-bargaining model. Second essay studies married couple's dynamic investment and consumption choices under the assumption that the couple cannot commit across time to not to renegotiate their decisions. The inefficiencies that can arise are characterized. Efficiency properties of different divorce asset division regimes are examined. The effect of inability to commit across time on the savings level is examined under a tractable special case of the model. Third essay is coauthored with Professor Peter Diamond and Professor John Geanakoplos. In this essay we extend Arrow's analysis of portfolio choice in a one-period model to savings and portfolio choice in a two-period model.
Publisher:
ISBN:
Category :
Languages : en
Pages : 182
Book Description
The first essay of this thesis studies within-family decision making regarding investment in income protection for surviving spouses using a simple and tractable Nash-bargaining model. A change in US pension law (the Retirement Equity Act of 1984) is used as an instrument to derive predictions from the bargaining model and to contrast these with the predictions of the classical single-utility-function model of the household. In the empirical part of the essay, the predictions of the classical model are rejected in favor of the predictions of the Nash-bargaining model. Second essay studies married couple's dynamic investment and consumption choices under the assumption that the couple cannot commit across time to not to renegotiate their decisions. The inefficiencies that can arise are characterized. Efficiency properties of different divorce asset division regimes are examined. The effect of inability to commit across time on the savings level is examined under a tractable special case of the model. Third essay is coauthored with Professor Peter Diamond and Professor John Geanakoplos. In this essay we extend Arrow's analysis of portfolio choice in a one-period model to savings and portfolio choice in a two-period model.
Essays on the Economics of Public Sector Retirement Programs
Author: Emma Hanson Turner
Publisher:
ISBN:
Category :
Languages : en
Pages : 152
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 152
Book Description
Lifetime Allocation of Work and Income
Author: Juanita Morris Kreps
Publisher: Durham, N.C. : Duke University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
Book Description
Economic analysis of patterns of employment, leisure and income, and their allocation through the lifespan according to age, with emphasis on retirement - includes a comparison of labour force activity, work life, hours of work and wages by age group in developed countries, and examines consumer expenditure and savings needs for retirement by occupational structure, and the incomes policy implications of financing old age benefits in the USA. References and statistical tables.
Publisher: Durham, N.C. : Duke University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
Book Description
Economic analysis of patterns of employment, leisure and income, and their allocation through the lifespan according to age, with emphasis on retirement - includes a comparison of labour force activity, work life, hours of work and wages by age group in developed countries, and examines consumer expenditure and savings needs for retirement by occupational structure, and the incomes policy implications of financing old age benefits in the USA. References and statistical tables.
Essays in Retirement and Public Economics
Author: Boris Chunhei Wong
Publisher:
ISBN:
Category :
Languages : en
Pages : 130
Book Description
This dissertation studies empirical questions in public economics and labor economics, with a heavy emphasis on pension and retirement saving. The first chapter assesses the role of liquidity constraints on retirement saving. The second chapter evaluates the impact of pension reform on formal sector labor supply. Finally, the third chapter appraises the revenue and distributional effects of a potential tax reform that can diminish distortions and disincentives to saving.
Publisher:
ISBN:
Category :
Languages : en
Pages : 130
Book Description
This dissertation studies empirical questions in public economics and labor economics, with a heavy emphasis on pension and retirement saving. The first chapter assesses the role of liquidity constraints on retirement saving. The second chapter evaluates the impact of pension reform on formal sector labor supply. Finally, the third chapter appraises the revenue and distributional effects of a potential tax reform that can diminish distortions and disincentives to saving.
Essays in Economics of the Family, Social Interactions and Retirement Planning
Author: Finagnon Antoine Dedewanou
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Résumé en anglais
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Résumé en anglais
Essays on Retirement and the Residential Choice of the Elderly
Author: Paula Mehboob Kazi
Publisher:
ISBN:
Category : Gerontology
Languages : en
Pages : 242
Book Description
Publisher:
ISBN:
Category : Gerontology
Languages : en
Pages : 242
Book Description