El ahorro privado de las familias y las pensiones públicas en Alemania y Estados Unidos:¿cumplimiento de la hipótesis del ciclo vital?
[Household private saving and public pensions in Germany and the United States:¿Does the life-cycle hypothesis hold?]
AbstractThis paper details how ageing is affecting to private saving and public pensions. In this way, it analyses if Life-Cycle Hypothesis is carrying out for individuals about their saving behaviours and if Pension Public Systems can make them to vary. For this reason, it establishes a specifically household saving comparative for Germany and Unites States, studying also their ageing evolution and pay capacity of public pension retirement.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 18044.
Date of creation: Sep 2007
Date of revision:
Publication status: Published in ICADE Review 02 12-7377.72(2007): pp. 391-416
life–cycle hypothesis; private saving; pension public system; ageing; Germany; United States;
Find related papers by JEL classification:
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Montserrat Ferré Carracedo & Agustín García García & Julián Ramajo Hernández, . "Los Efectos De La Política Fiscal Sobre El Ahorro Privado: Evidencia Para La Ocde," Working Papers 3-04 Classification-JEL :, Instituto de Estudios Fiscales.
- Feldstein, Martin, 2002.
"The future of social security pensions in Europe,"
Journal of Financial Transformation,
Capco Institute, vol. 5, pages 8-12.
- Tullio Jappelli & Franco Modigliani, 1998. "The Age-Saving Profile and the Life-Cycle Hypothesis," CSEF Working Papers 09, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Orazio Attanasio, 1997. "Consumption and saving behaviour: modelling recent trends," Fiscal Studies, Institute for Fiscal Studies, vol. 18(1), pages 23-47, February.
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