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Does Means Testing Exacerbate Early Retirement?

Author Info

Listed author(s):
  • Dr Justin van de Ven

    ()

Abstract

It is quite clear that the message has gone out to all too many of our constituents that savings can damage their retirement income. We cannot explain the collapse in savings in this country in any other way than by saying that people are being very rational and that about 40 per cent of working people cannot now save to make themselves a penny better off Ñ let alone substantially better off Ñ through forgoing income now and trying to push it into their retirement.

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Paper provided by National Institute of Economic and Social Research in its series NIESR Discussion Papers with number 244.

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Date of creation: May 2004
Handle: RePEc:nsr:niesrd:98
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Web page: http://niesr.ac.uk

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Cited by:

  1. Gergely Kiss & Gábor Vadas, 2005. "The Role of the Housing Market in Monetary Transmission," MNB Background Studies (discontinued) 2005/3, Magyar Nemzeti Bank (Central Bank of Hungary).
  2. Gábor Vadas, 2004. "Modelling Households’ Savings and Dwellings Investment – A Portfolio Choice Approach," International Real Estate Review, Asian Real Estate Society, vol. 7(1), pages 31-55.
  3. Arthur Grimes & Suzi Kerr & Andrew Aitken, 2003. "Housing and Economic Adjustment," Working Papers 03_09, Motu Economic and Public Policy Research.
  4. Barot, Bharat & Yang, Zan, 2002. "House Prices and Housing Investment in Sweden and the United Kingdom: Econometric Analysis for the Period 1970-1998," Working Papers 80, National Institute of Economic Research.

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