Increases in wealth among the elderly in the early 1990s: how much is due to survey design?
In: NBER working paper series 10862
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In: NBER working paper series 10862
In: The public opinion quarterly: POQ, Band 72, Heft 5, S. 866-891
ISSN: 1537-5331
In: Public opinion quarterly: journal of the American Association for Public Opinion Research, Band 72, Heft 5, S. 866-891
ISSN: 0033-362X
In: Research in economics: Ricerche economiche, Band 55, Heft 1, S. 83-107
ISSN: 1090-9451
In: Michigan Retirement Research Center Research Paper No. 2018-387
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In: NBER Working Paper No. w17973
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In: NBER Working Paper No. w17974
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In: Michigan Retirement Research Center Research Paper No. 2011-255
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In: Rand research review, Band 32, Heft 2, S. 17
ISSN: 1557-2897
In: NBER Working Paper No. w13929
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In: NBER Working Paper No. w12680
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Working paper
In: American economic review, Band 93, Heft 5, S. 1499-1521
ISSN: 1944-7981
Using three major U.K. pension reforms as natural experiments we investigate the relationship between pension saving and discretionary private savings. Unlike most differences-in-differences approaches which rely on average differences between control and treatment group, we use economic theory to model the response of each individual household. The empirical analysis, based on the Family Expenditure Survey, uses both time-series and cross-sectional variation to identify the behavioral response. The earnings-related tier of the pension scheme is found to have a negative impact on private savings with relatively high substitution elasticities; the impact of the flat-rate tier is not significantly different from zero.
In: JEOA-D-22-00202
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