The Financial Crisis and Consumers' Income and Pension Expectations
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Michael D. Hurd & Susann Rohwedder, 2013.
"Measuring Total Household Spending in a Monthly Internet Survey: Evidence from the American Life Panel,"
NBER Chapters,in: Improving the Measurement of Consumer Expenditures, pages 365-387
National Bureau of Economic Research, Inc.
- Michael D. Hurd & Susann Rohwedder, 2012. "Measuring Total Household Spending in a Monthly Internet Survey: Evidence from the American Life Panel," NBER Working Papers 17974, National Bureau of Economic Research, Inc.
- Michael D. Hurd & Susann Rohwedder, 2012. "Measuring Total Household Spending in a Monthly Internet Survey Evidence from the American Life Panel," Working Papers 939, RAND Corporation.
- Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio, 2015.
"Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession,"
Journal of Monetary Economics, Elsevier, vol. 72(C), pages 21-41.
- Dimitrios Christelis & Dimitris Georgarakos & Tullio Jappelli, 2011. "Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession," CSEF Working Papers 279, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 19 Nov 2014.
- Georgarakos, Dimitris & Christelis, Dimitris & Jappelli, Tullio, 2015. "Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession," Working Paper Series 1762, European Central Bank.
- Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio, 2014. "Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession," CFS Working Paper Series 471, Center for Financial Studies (CFS).
- Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio, 2014. "Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession," CEPR Discussion Papers 10196, C.E.P.R. Discussion Papers.
- Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio, 2011. "Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession," CFS Working Paper Series 2011/27, Center for Financial Studies (CFS).
- Luc Bissonnette & Arthur van Soest, 2012.
"The future of retirement and the pension system: How the public’s expectations vary over time and across socio-economic groups,"
IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 1(1), pages 1-21, December.
- Bissonnette, L. & van Soest, A.H.O., 2011. "The Future of Retirement and the Pension System : How the Public’s Expectations Vary over Time and across Socio-Economic Groups," Other publications TiSEM 9d60129e-509d-4436-93a5-1, Tilburg University, School of Economics and Management.
- Bissonnette, Luc & van Soest, Arthur, 2011. "The Future of Retirement and the Pension System: How the Public's Expectations Vary over Time and across Socio-Economic Groups," IZA Discussion Papers 5759, Institute of Labor Economics (IZA).
- Bissonnette, L. & van Soest, A.H.O., 2011. "The Future of Retirement and the Pension System : How the Public’s Expectations Vary over Time and across Socio-Economic Groups," Discussion Paper 2011-065, Tilburg University, Center for Economic Research.
- Michael D. Hurd & Susann Rohwedder, 2010.
"Effects of the Financial Crisis and Great Recession on American Households,"
NBER Working Papers
16407, National Bureau of Economic Research, Inc.
- Michael D. Hurd & Susann Rohwedder, 2010. "Effects of the Financial Crisis and Great Recession on American Households," Working Papers WR-810, RAND Corporation.
- van Santen, Peter & Alessie, Rob & Kalwij, Adriaan, 2012. "Probabilistic survey questions and incorrect answers: Retirement income replacement rates," Journal of Economic Behavior & Organization, Elsevier, vol. 82(1), pages 267-280.
- Michael D. Hurd & Susann Rohwedder, 2013.
"Measuring Total Household Spending in a Monthly Internet Survey: Evidence from the American Life Panel,"
NBER Chapters, in: Improving the Measurement of Consumer Expenditures, pages 365-387,
National Bureau of Economic Research, Inc.
- Michael D. Hurd & Susann Rohwedder, 2012. "Measuring Total Household Spending in a Monthly Internet Survey: Evidence from the American Life Panel," NBER Working Papers 17974, National Bureau of Economic Research, Inc.
- Michael D. Hurd & Susann Rohwedder, 2012. "Measuring Total Household Spending in a Monthly Internet Survey Evidence from the American Life Panel," Working Papers WR-939, RAND Corporation.
- Das, Marcel & van Soest, Arthur, 1999.
"A panel data model for subjective information on household income growth,"
Journal of Economic Behavior & Organization, Elsevier, vol. 40(4), pages 409-426, December.
- Das, J.W.M. & van Soest, A.H.O., 1996. "A Panel Data Model for Subjective Information on Household Income Growth," Discussion Paper 1996-75, Tilburg University, Center for Economic Research.
- Das, J.W.M. & van Soest, A.H.O., 1996. "A Panel Data Model for Subjective Information on Household Income Growth," Other publications TiSEM 9111e0db-3678-40a7-ab7f-1, Tilburg University, School of Economics and Management.
- Crawford, Rowena, 2013. "The effect of the financial crisis on the retirement plans of older workers in England," Economics Letters, Elsevier, vol. 121(2), pages 156-159.
- Daniel Vuuren, 2014. "Flexible Retirement," Journal of Economic Surveys, Wiley Blackwell, vol. 28(3), pages 573-593, July.
- repec:taf:jnlbes:v:30:y:2012:i:1:p:125-131 is not listed on IDEAS
- Charles Bellemare & Luc Bissonnette & Sabine Kröger, 2011. "Flexible Approximation of Subjective Expectations Using Probability Questions," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 30(1), pages 125-131, April.
- de Bresser, Jochem & van Soest, Arthur, 2013. "Survey response in probabilistic questions and its impact on inference," Journal of Economic Behavior & Organization, Elsevier, vol. 96(C), pages 65-84.
- Jonathan A. Schwabish, 2014. "An Economist's Guide to Visualizing Data," Journal of Economic Perspectives, American Economic Association, vol. 28(1), pages 209-234, Winter.
- Michael D. Hurd, 2009. "Subjective Probabilities in Household Surveys," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 543-564, May.
- James Banks & Rowena Crawford & Thomas F. Crossley & Carl Emmerson, 2013. "Financial Crisis Wealth Losses and Responses among Older Households in England," Fiscal Studies, Institute for Fiscal Studies, vol. 34(2), pages 231-254, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Massenot, Baptiste & Pettinicchi, Yuri, 2019.
"Can households see into the future? Survey evidence from the Netherlands,"
Journal of Economic Behavior & Organization, Elsevier, vol. 164(C), pages 77-90.
- Massenot, Baptiste & Pettinicchi, Yuri, 2018. "Can households see into the future? Survey evidence from the Netherlands," SAFE Working Paper Series 233, Leibniz Institute for Financial Research SAFE.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Niu, G., 2014. "Essays on subjective expectations and mortality trends," Other publications TiSEM b9f72836-d8ad-478b-adca-4, Tilburg University, School of Economics and Management.
- Federica Teppa, 2014. "Consumption behaviour and financial crisis in the Netherlands," DNB Working Papers 453, Netherlands Central Bank, Research Department.
- L. Bissonnette & J. de Bresser, 2018.
"Eliciting Subjective Survival Curves: Lessons from Partial Identification,"
Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 36(3), pages 505-515, July.
- Luc Bissonnette & J. de Bresser, 2015. "Eliciting Subjective Survival Curves: Lessons from Partial Identification," Cahiers de recherche 1503, Chaire de recherche Industrielle Alliance sur les enjeux économiques des changements démographiques.
- Renata Bottazzi & Serena Trucchi & Matthew Wakefield, 2021.
"Labour supply responses to financial wealth shocks: evidence from Italy,"
Fiscal Studies, John Wiley & Sons, vol. 42(2), pages 291-317, June.
- Renata Bottazzi & Serena Trucchi & Matthew Wakefield, 2017. "Labour supply responses to financial wealth shocks: evidence from Italy," IFS Working Papers W17/29, Institute for Fiscal Studies.
- Renata Bottazzi & Serena Trucchi & Matthew Wakefield, 2019. "Labour Supply Responses to Financial Wealth Shocks: Evidence from in Italy," Working Papers 2019:10, Department of Economics, University of Venice "Ca' Foscari".
- de Bresser, Jochem, 2016. "Test-Retest Reliability of Subjective Survival Expectations," Other publications TiSEM dfd6074d-31ae-4ecb-be25-6, Tilburg University, School of Economics and Management.
- Roberto Bande & Dolores Riveiro, 2013.
"Private Saving Rates and Macroeconomic Uncertainty: Evidence from Spanish Regional Data,"
The Economic and Social Review, Economic and Social Studies, vol. 44(3), pages 323-349.
- Bande, Roberto & Riveiro, Dolores, 2012. "Private Saving Rates and Macroeconomic Uncertainty: Evidence from Spanish Regional Data," MPRA Paper 42647, University Library of Munich, Germany.
- Roberto Bande & Dolores Riveiro, 2012. "Private Saving Rates and Macroeconomic Uncertainty: Evidence from Spanish Regional Data," Documentos de trabajo - IRENe 0004, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
- Fabian Gouret, 2017.
"What can we learn from the fifties?,"
Journal of Forecasting, John Wiley & Sons, Ltd., vol. 36(7), pages 756-775, November.
- Fabian Gouret, 2015. "What can we learn from the fifties?," THEMA Working Papers 2015-20, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Fabian Gouret, 2017. "What can we learn from the fifties?," Post-Print hal-02980367, HAL.
- Renata Bottazzi & Serena Trucchi & Matthew Wakefield, 2013.
"Wealth effects and the consumption of Italian households in the Great Recession,"
IFS Working Papers
W13/21, Institute for Fiscal Studies.
- R. Bottazzi & S. Trucchi & M. Wakefield, 2017. "Wealth Effects and the Consumption of Italian Households in the Great Recession," Working Papers wp1097, Dipartimento Scienze Economiche, Universita' di Bologna.
- de Bresser, Jochem, 2019. "Measuring Subjective Survival Expectations : Do Response Scales Matter?," Other publications TiSEM 53bc2ec3-4126-4dfb-81f3-8, Tilburg University, School of Economics and Management.
- Teresa Bago d'Uva & Esen Erdogan Ciftci & Owen O'Donnell & Eddy van Doorslaer, 2015. "Who can predict their Own Demise? Accuracy of Longevity Expectations by Education and Cognition," Tinbergen Institute Discussion Papers 15-052/V, Tinbergen Institute.
- Angus Deaton, 2012.
"The financial crisis and the well-being of Americans,"
Oxford Economic Papers, Oxford University Press, vol. 64(1), pages 1-26, January.
- Angus Deaton, 2011. "The Financial Crisis and the Well-Being of America," NBER Chapters, in: Investigations in the Economics of Aging, pages 343-368, National Bureau of Economic Research, Inc.
- Angus S. Deaton, 2011. "The Financial Crisis and the Well-Being of Americans," NBER Working Papers 17128, National Bureau of Economic Research, Inc.
- Alberto Montagnoli & Mirko Moro, 2014. "Everybody Hurts: Banking Crises and Individual Wellbeing," Working Papers 2014010, The University of Sheffield, Department of Economics.
- Heiss, Florian & Hurd, Michael & van Rooij, Maarten & Rossmann, Tobias & Winter, Joachim, 2022.
"Dynamics and heterogeneity of subjective stock market expectations,"
Journal of Econometrics, Elsevier, vol. 231(1), pages 213-231.
- Heiss, Florian & Hurd, Michael & Rossmann, Tobias & Winter, Joachim & van Rooij, Maarten, 2019. "Dynamics and Heterogeneity of Subjective Stock Market Expectations," Rationality and Competition Discussion Paper Series 157, CRC TRR 190 Rationality and Competition.
- Heiss, Florian & Hurd, Michael & Rossmann, Tobias & Winter, Joachim & van Rooij, Maarten, 2019.
"Dynamics and Heterogeneity of Subjective Stock Market Expectations,"
Rationality and Competition Discussion Paper Series
157, CRC TRR 190 Rationality and Competition.
- Florian Heiss & Michael Hurd & Maarten van Rooij & Tobias Rossmann & Joachim Winter, 2019. "Dynamics and heterogeneity of subjective stock market expectations," DNB Working Papers 640, Netherlands Central Bank, Research Department.
- Garbinti, Bertrand & Lamarche, Pierre & Savignac, Frédérique & Lecanu, Charlélie, 2020.
"Wealth effect on consumption during the sovereign debt crisis: households heterogeneity in the euro area,"
Working Paper Series
2357, European Central Bank.
- Bertrand Garbinti & Pierre Lamarche & Charlélie Lecanu & Frédérique Savignac, 2020. "Wealth effect on consumption during the sovereign debt crisis: Households heterogeneity in the Euro area," Working papers 751, Banque de France.
- Yvonne McCarthy & Kieran McQuinn, 2017.
"Price Expectations, Distressed Mortgage Markets and the Housing Wealth Effect,"
Real Estate Economics, American Real Estate and Urban Economics Association, vol. 45(2), pages 478-513, April.
- McCarthy, Yvonne & McQuinn, Kieran, 2013. "Price expectations, distressed mortgage markets and the housing wealth effect," Research Technical Papers 06/RT/13, Central Bank of Ireland.
- Francesco D’Acunto & Daniel Hoang & Michael Weber, 2017.
"The Effect of Unconventional Fiscal Policy on Consumption Expenditure,"
ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(01), pages 09-11, April.
- Francesco D'Acunto & Daniel Hoang & Michael Weber & Michael Weber, 2016. "The Effect of Unconventional Fiscal Policy on Consumption Expenditure," CESifo Working Paper Series 6059, CESifo.
- Francesco D’Acunto & Daniel Hoang & Michael Weber, 2016. "The Effect of Unconventional Fiscal Policy on Consumption Expenditure," NBER Working Papers 22563, National Bureau of Economic Research, Inc.
- D'Acunto, Francesco & Hoang, Daniel & Weber, Michael, 2016. "The effect of unconventional fiscal policy on consumption expenditure," Working Paper Series in Economics 94, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
- James Banks & Rowena Crawford & Thomas Crossley & Carl Emmerson, 2012. "The effect of the financial crisis on older households in England," IFS Working Papers W12/09, Institute for Fiscal Studies.
- de Bresser, Jochem & Kools, Lieke & Knoef, M.G., 2019. "Cutting one’s coat according to one’s cloth : How did the Great Recession affect retirement resources and expenditure goals?," Other publications TiSEM 9415a8f7-182f-4675-893e-c, Tilburg University, School of Economics and Management.
- Marco Guerrazzi, 2015.
"Animal spirits, investment and unemployment: An old Keynesian view of the Great Recession,"
Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 16(3), pages 343-358.
- Guerrazzi, Marco, 2015. "Animal spirits, investment and unemployment: An old Keynesian view of the Great Recession," MPRA Paper 64540, University Library of Munich, Germany.
More about this item
Keywords
Subjective probabilities; retirement; replacement rates;All these keywords.
JEL classification:
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AGE-2015-02-28 (Economics of Ageing)
- NEP-EUR-2015-02-28 (Microeconomic European Issues)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lvl:criacr:1502. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/cediaca.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuel Paradis (email available below). General contact details of provider: https://edirc.repec.org/data/cediaca.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.