Pension adequacy standards: an empirical estimation strategy and results for the United States and Germany
Author
Abstract
Suggested Citation
DOI: 10.4054/MPIDR-WP-2019-003
Download full text from publisher
References listed on IDEAS
- Christian Dudel & Notburga Ott & Martin Werding, 2016. "Maintaining one’s living standard at old age: What does that mean?," Empirical Economics, Springer, vol. 51(3), pages 1261-1279, November.
- Erich Battistin & Agar Brugiavini & Enrico Rettore & Guglielmo Weber, 2009.
"The Retirement Consumption Puzzle: Evidence from a Regression Discontinuity Approach,"
American Economic Review, American Economic Association, vol. 99(5), pages 2209-2226, December.
- Agar Brugiavini & Erich Battistin, & Enrico Rettore & Guglielmo Weber, 2007. "The Retirement Consumption Puzzle: Evidence from a Regression Discontinuity Approach," Working Papers 2007_27, Department of Economics, University of Venice "Ca' Foscari".
- Erich Battistin & Agar Brugiavini & Enrico Rettore & Guglielmo Weber, 2008. "The retirement consumption puzzle: evidence from a regression discontinuity approach," IFS Working Papers W08/05, Institute for Fiscal Studies.
- Luc Behaghel & David M. Blau, 2012.
"Framing Social Security Reform: Behavioral Responses to Changes in the Full Retirement Age,"
American Economic Journal: Economic Policy, American Economic Association, vol. 4(4), pages 41-67, November.
- Behaghel, Luc & Blau, David M., 2010. "Framing Social Security Reform: Behavioral Responses to Changes in the Full Retirement Age," IZA Discussion Papers 5310, Institute of Labor Economics (IZA).
- Luc Behaghel & David M. Blau, 2012. "Framing Social Security Reform: Behavioral Responses to Changes in the Full Retirement Age," PSE-Ecole d'économie de Paris (Postprint) hal-00772844, HAL.
- Luc Behaghel & David M. Blau, 2010. "Framing Social Security Reform: Behavioral Responses to Changes in the Full Retirement Age," Working Papers wp243, University of Michigan, Michigan Retirement Research Center.
- Luc Behaghel & David M. Blau, 2012. "Framing Social Security Reform: Behavioral Responses to Changes in the Full Retirement Age," Post-Print hal-00772844, HAL.
- Luc Behaghel & David M. Blau, 2010. "Framing social security reform: Behavioral responses to changes in the full retirement age," Working Papers halshs-00564950, HAL.
- Luc Behaghel & David M. Blau, 2010. "Framing social security reform: Behavioral responses to changes in the full retirement age," PSE Working Papers halshs-00564950, HAL.
- Binswanger, Johannes & Schunk, Daniel, 2012.
"What is an adequate standard of living during Retirement?,"
Journal of Pension Economics and Finance, Cambridge University Press, vol. 11(2), pages 203-222, April.
- Schunk, Daniel & Binswanger, Johannes, 2008. "What is an Adequate Standard of Living during Retirement?," Sonderforschungsbereich 504 Publications 08-48, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Johannes Binswanger & Daniel Schunk, 2009. "What is an Adequate Standard of Living during Retirement?," CESifo Working Paper Series 2893, CESifo.
- Binswanger, Johannes & Schunk, Daniel, 2008. "What is an adequate standard of living during retirement?," Papers 08-48, Sonderforschungsbreich 504.
- Binswanger, J. & Schunk, D., 2008. "What is an Adequate Standard of Living During Retirement?," Discussion Paper 2008-82, Tilburg University, Center for Economic Research.
- Binswanger, J. & Schunk, D., 2008. "What is an Adequate Standard of Living During Retirement?," Other publications TiSEM 44f1f600-7b46-47d2-a6ec-b, Tilburg University, School of Economics and Management.
- Johannes Binswanger & Daniel Schunk, 2008. "What is an adequate standard of living during retirement?," MEA discussion paper series 08171, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Cherchye, Laurens & De Rock, Bram & Vermeulen, Frederic, 2012.
"Economic well-being and poverty among the elderly: An analysis based on a collective consumption model,"
European Economic Review, Elsevier, vol. 56(6), pages 985-1000.
- Cherchye, L.J.H. & de Rock, B. & Vermeulen, F.M.P., 2008. "Economic Well-Being and Poverty Among the Elderly : An Analysis Based on a Collective Consumption Model," Other publications TiSEM 4995f609-6c09-4d63-ba56-2, Tilburg University, School of Economics and Management.
- Cherchye, Laurens & De Rock, Bram & Vermeulen, Frederic, 2008. "Economic Well-Being and Poverty among the Elderly: An Analysis Based on a Collective Consumption Model," IZA Discussion Papers 3349, Institute of Labor Economics (IZA).
- Laurens Cherchye & Bram De Rock & Frederik Vermeulen, 2008. "Economic well-being and poverty among the elderly: an analysis based on a collective consumption model," Working Papers of Department of Economics, Leuven ces0807, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Laurens Cherchye & Bram De Rock & Frederic Vermeulen, 2012. "Economic well-being and poverty among the elderly: an analysis based on a collective consumption model," ULB Institutional Repository 2013/131702, ULB -- Universite Libre de Bruxelles.
- Laurens Cherchye & Bram De Rock & Frederic Vermeulen, 2008. "Economic well-being and poverty among the elderly: an analysis based on a collective consumption model," Working Papers ECARES 2008-026, ULB -- Universite Libre de Bruxelles.
- Cherchye, L.J.H. & de Rock, B. & Vermeulen, F.M.P., 2008. "Economic Well-Being and Poverty Among the Elderly : An Analysis Based on a Collective Consumption Model," Discussion Paper 2008-15, Tilburg University, Center for Economic Research.
- Martin Browning & Thomas F. Crossley, 2001.
"The Life-Cycle Model of Consumption and Saving,"
Journal of Economic Perspectives, American Economic Association, vol. 15(3), pages 3-22, Summer.
- Martin Browning & Thomas F. Crossley, 2000. "The Life Cycle Model of Consumption and Saving," Social and Economic Dimensions of an Aging Population Research Papers 28, McMaster University.
- Martin Browning & Thomas Crossley, 2001. "The life-cycle model of consumption and saving," IFS Working Papers W01/15, Institute for Fiscal Studies.
- Christian Dudel, 2015. "Nonparametric bounds on equivalence scales," Economics Bulletin, AccessEcon, vol. 35(4), pages 2161-2165.
- Orazio P. Attanasio & Guglielmo Weber, 2010.
"Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy,"
Journal of Economic Literature, American Economic Association, vol. 48(3), pages 693-751, September.
- Orazio P. Attanasio & Guglielmo Weber, 2010. "Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy," NBER Working Papers 15756, National Bureau of Economic Research, Inc.
- Robert Haveman & Karen Holden & Andrei Romanov & Barbara Wolfe, 2007.
"Assessing the maintenance of savings sufficiency over the first decade of retirement,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 14(4), pages 481-502, August.
- Robert Haveman & Karen Holden & Barbara Wolfe & Andrei Romanov & Robert H. Haveman, 2005. "Assessing the Maintenance of Savings Sufficiency Over the First Decade of Retirement," CESifo Working Paper Series 1567, CESifo.
- Hamermesh, Daniel S, 1984.
"Consumption during Retirement: The Missing Link in the Life Cycle,"
The Review of Economics and Statistics, MIT Press, vol. 66(1), pages 1-7, February.
- Daniel S. Hamermesh, 1982. "Consumption During Retirement: The Missing Link in the Life Cycle," NBER Working Papers 0930, National Bureau of Economic Research, Inc.
- Racine, Jeff & Li, Qi, 2004. "Nonparametric estimation of regression functions with both categorical and continuous data," Journal of Econometrics, Elsevier, vol. 119(1), pages 99-130, March.
- Bellemare, C. & Melenberg, B. & van Soest, A.H.O., 2002.
"Semi-parametric Models for Satisfaction with Income,"
Other publications TiSEM
a7ab8987-444a-4ab0-b566-c, Tilburg University, School of Economics and Management.
- Bellemare, C. & Melenberg, B. & van Soest, A.H.O., 2002. "Semi-parametric Models for Satisfaction with Income," Discussion Paper 2002-87, Tilburg University, Center for Economic Research.
- Charles Bellemare & Bertrand Melenberg & Arthur van Soest van Soest, 2002. "Semi-parametric models for satisfaction with income," CeMMAP working papers CWP12/02, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Nicolas Moreau & Elena Stancanelli, 2015.
"Household Consumption at Retirement : A Regression Discontinuity Study on French Data,"
Annals of Economics and Statistics, GENES, issue 117-118, pages 253-276.
- Moreau, Nicolas & Stancanelli, Elena G. F., 2013. "Household Consumption at Retirement: A Regression Discontinuity Study on French Data," IZA Discussion Papers 7709, Institute of Labor Economics (IZA).
- Nicolas Moreau & Elena Stancanelli, 2015. "Household Consumption at Retirement: a Regression Discontinuity Study on French Data," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01044871, HAL.
- Nicolas Moreau & Elena Stancanelli, 2015. "Household Consumption at Retirement: a Regression Discontinuity Study on French Data," Post-Print hal-01044871, HAL.
- Nicolas Moreau & Elena Stancanelli, 2013. "Household Consumption at Retirement: A Regression Discontinuity Study on French Data," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00881215, HAL.
- Nicolas Moreau & Elena Stancanelli, 2013. "Household Consumption at Retirement: A Regression Discontinuity Study on French Data," Post-Print halshs-00881215, HAL.
- Nicolas Moreau & Elena Stancanelli, 2015. "Household Consumption at Retirement: a Regression Discontinuity Study on French Data," PSE-Ecole d'économie de Paris (Postprint) hal-01044871, HAL.
- Lusardi, Annamaria & Mitchell, Olivia S., 2007.
"Baby Boomer retirement security: The roles of planning, financial literacy, and housing wealth,"
Journal of Monetary Economics, Elsevier, vol. 54(1), pages 205-224, January.
- Annamaria Lusardi & Olivia S. Mitchell, 2006. "Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth," CeRP Working Papers 54, Center for Research on Pensions and Welfare Policies, Turin (Italy).
- Annamaria Lusardi & Olivia S. Mitchell, 2006. "Baby Boomer Retirement Security: the Roles of Planning, Financial Literacy, and Housing Wealth," NBER Working Papers 12585, National Bureau of Economic Research, Inc.
- Annamaria Lusardi & Olivia S. Mitchell, 2006. "Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth," Working Papers wp114, University of Michigan, Michigan Retirement Research Center.
- Lusardi, Annamaria & Mitchell, Olivia S., 2006. "Baby boomer retirement security: The roles of planning, financial literacy, and Housing wealth," CFS Working Paper Series 2006/20, Center for Financial Studies (CFS).
- James Banks & Richard Blundell & Peter Levell & James P. Smith, 2015.
"Life-Cycle Consumption Patterns at Older Ages in the US and the UK Can Medical Expenditures Explain the Difference?,"
Working Papers
WR-1100, RAND Corporation.
- James Banks & Richard Blundell & Peter Levell & James Smith, 2016. "Life-cycle consumption patterns at older ages in the US and the UK: can medical expenditures explain the difference?," IFS Working Papers W16/16, Institute for Fiscal Studies.
- James Banks & Richard Blundell & Peter Levell & James P. Smith, 2016. "Life-Cycle Consumption Patterns at Older Ages in the US and the UK: Can Medical Expenditures Explain the Difference?," NBER Working Papers 22513, National Bureau of Economic Research, Inc.
- Blundell, Richard & Banks, James & Levell, Peter & Smith, James P, 2016. "Life-Cycle Consumption Patterns at Older Ages in the US and the UK: Can Medical Expenditures Explain the Difference?," CEPR Discussion Papers 11479, C.E.P.R. Discussion Papers.
- James Banks & Richard Blundell & Peter Levell & James Smith, 2015. "Life-cycle consumption patterns at older ages in the US and the UK: can medical expenditures explain the difference?," IFS Working Papers W15/12, Institute for Fiscal Studies.
- Mariacristina De Nardi & Eric French & John B. Jones, 2010.
"Why Do the Elderly Save? The Role of Medical Expenses,"
Journal of Political Economy, University of Chicago Press, vol. 118(1), pages 39-75, February.
- Mariacristina De Nardi & Eric French & John Bailey Jones, 2009. "Why do the elderly save? the role of medical expenses," Working Paper Series WP-09-02, Federal Reserve Bank of Chicago.
- Mariacristina De Nardi & Eric French & John Bailey Jones, 2009. "Why do the Elderly Save? The Role of Medical Expenses," NBER Working Papers 15149, National Bureau of Economic Research, Inc.
- Nicolas Moreau & Elena Stancanelli, 2015. "Household Consumption at Retirement: A Regression Discontinuity Study on French Data," PSE-Ecole d'économie de Paris (Postprint) halshs-00881215, HAL.
- Amy Finkelstein & Erzo F. P. Luttmer & Matthew J. Notowidigdo, 2013.
"What Good Is Wealth Without Health? The Effect Of Health On The Marginal Utility Of Consumption,"
Journal of the European Economic Association, European Economic Association, vol. 11, pages 221-258, January.
- Finkelstein, Amy & Luttmer, Erzo F. P. & Notowidigdo, Matthew J., 2008. "What Good Is Wealth without Health? The Effect of Health on the Marginal Utility of Consumption," Working Paper Series rwp08-036, Harvard University, John F. Kennedy School of Government.
- Amy Finkelstein & Erzo F.P. Luttmer & Matthew J. Notowidigdo, 2008. "What Good Is Wealth Without Health? The Effect of Health on the Marginal Utility of Consumption," NBER Working Papers 14089, National Bureau of Economic Research, Inc.
- David A. Love & Paul A. Smith & Lucy C. McNair, 2008.
"A New Look At The Wealth Adequacy Of Older U.S. Households,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 54(4), pages 616-642, December.
- David Love & Paul A. Smith & Lucy C. McNair, 2008. "A New Look at the Wealth Adequacy of Older U.S. Households," Department of Economics Working Papers 2008-12, Department of Economics, Williams College.
- David A. Love & Lucy C. McNair & Paul A. Smith, 2008. "A new look at the wealth adequacy of older U.S. households," Finance and Economics Discussion Series 2008-20, Board of Governors of the Federal Reserve System (U.S.).
- Thomas F. Crossley & Cormac O'Dea & Richard Blundell & Rowena Crawford & Eric French & Gemma Tetlow, 2016.
"Comparing Retirement Wealth Trajectories on Both Sides of the Pond,"
Fiscal Studies, Institute for Fiscal Studies, vol. 37, pages 105-130, March.
- Richard Blundell & Rowena Crawford & Eric French & Gemma Tetlow, 2015. "Comparing Retirement Wealth Trajectories on Both Sides of the Pond," Working Papers wp333, University of Michigan, Michigan Retirement Research Center.
- French, Eric Baird & Blundell, Richard & Crawford, Rowena & Tetlow, Gemma, 2016. "Comparing Retirement Wealth Trajectories on Both Sides of the Pond," CEPR Discussion Papers 11219, C.E.P.R. Discussion Papers.
- Imbens, Guido W. & Lemieux, Thomas, 2008.
"Regression discontinuity designs: A guide to practice,"
Journal of Econometrics, Elsevier, vol. 142(2), pages 615-635, February.
- Guido Imbens & Thomas Lemieux, 2007. "Regression Discontinuity Designs: A Guide to Practice," NBER Working Papers 13039, National Bureau of Economic Research, Inc.
- Guido Imbens & Thomas Lemieux, 2007. "Regression Discontinuity Designs: A Guide to Practice," NBER Technical Working Papers 0337, National Bureau of Economic Research, Inc.
- Martin Biewen & Andos Juhasz, 2017. "Direct Estimation of Equivalence Scales and More Evidence on Independence of Base," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 79(5), pages 875-905, October.
- Lundberg, Shelly & Startza, Richard & Stillman, Steven, 2003.
"The retirement-consumption puzzle: a marital bargaining approach,"
Journal of Public Economics, Elsevier, vol. 87(5-6), pages 1199-1218, May.
- Shelly Lundberg & Richard Startz & Steve Stillman, 2001. "The Retirement-Consumption Puzzle A Marital Bargaining Approach," Working Papers DRU-2506-NICHD, RAND Corporation.
- Haan, Peter & Prowse, Victoria, 2014.
"Longevity, life-cycle behavior and pension reform,"
Journal of Econometrics, Elsevier, vol. 178(P3), pages 582-601.
- Victoria Prowse & Peter Haan, 2011. "Longevity, Life-cycle Behavior and Pension Reform," Economics Series Working Papers 556, University of Oxford, Department of Economics.
- Peter Haan & Victoria Prowse, 2011. "Longevity, Life-Cycle Behavior and Pension Reform," SOEPpapers on Multidisciplinary Panel Data Research 396, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Haan, Peter & Prowse, Victoria, 2012. "Longevity, life-cycle behavior and pension reform," MPRA Paper 39282, University Library of Munich, Germany.
- Peter Haan & Victoria Prowse, 2011. "Longevity, Life-Cycle Behavior and Pension Reform," Discussion Papers of DIW Berlin 1140, DIW Berlin, German Institute for Economic Research.
- Haan, Peter & Prowse, Victoria L., 2011. "Longevity, Life-Cycle Behavior and Pension Reform," IZA Discussion Papers 5858, Institute of Labor Economics (IZA).
- Nicolas Moreau & Elena Stancanelli, 2015.
"Household Consumption at Retirement : A Regression Discontinuity Study on French Data,"
Annals of Economics and Statistics, GENES, issue 117-118, pages 253-276.
- Moreau, Nicolas & Stancanelli, Elena G. F., 2013. "Household Consumption at Retirement: A Regression Discontinuity Study on French Data," IZA Discussion Papers 7709, Institute of Labor Economics (IZA).
- Nicolas Moreau & Elena Stancanelli, 2015. "Household Consumption at Retirement: A Regression Discontinuity Study on French Data," Post-Print hal-01691910, HAL.
- Nicolas Moreau & Elena Stancanelli, 2015. "Household Consumption at Retirement: a Regression Discontinuity Study on French Data," PSE - Labex "OSE-Ouvrir la Science Economique" hal-01044871, HAL.
- Nicolas Moreau & Elena Stancanelli, 2013. "Household Consumption at Retirement: A Regression Discontinuity Study on French Data," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00881215, HAL.
- Peter Hall & Jeff Racine & Qi Li, 2004. "Cross-Validation and the Estimation of Conditional Probability Densities," Journal of the American Statistical Association, American Statistical Association, vol. 99, pages 1015-1026, December.
- Sagiri Kitao, 2014.
"Sustainable Social Security: Four Options,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 756-779, October.
- Sagiri Kitao, 2011. "Sustainable social security: four options," Staff Reports 505, Federal Reserve Bank of New York.
- Sagiri Kitao, 2013. "Code files for "Sustainable Social Security: Four Options"," Computer Codes 12-251, Review of Economic Dynamics.
- F. Thomas Juster & Richard Suzman, 1995. "An Overview of the Health and Retirement Study," Journal of Human Resources, University of Wisconsin Press, vol. 30, pages 7-56.
- repec:hal:pseose:hal-00772844 is not listed on IDEAS
- Michael J. Boskin & John B. Shoven, 1984. "Concepts and Measures of Earnings Replacement During Retirement," NBER Working Papers 1360, National Bureau of Economic Research, Inc.
- Eibich, Peter, 2015.
"Understanding the Effect of Retirement on Health: Mechanisms and Heterogeneity,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 43, pages 1-12.
- Eibich, Peter, 2015. "Understanding the effect of retirement on health: Mechanisms and heterogeneity," Journal of Health Economics, Elsevier, vol. 43(C), pages 1-12.
- Lee, David S. & Card, David, 2008.
"Regression discontinuity inference with specification error,"
Journal of Econometrics, Elsevier, vol. 142(2), pages 655-674, February.
- David S. Lee & David Card, 2006. "Regression Discontinuity Inference with Specification Error," NBER Technical Working Papers 0322, National Bureau of Economic Research, Inc.
- Milton Friedman, 1957. "A Theory of the Consumption Function," NBER Books, National Bureau of Economic Research, Inc, number frie57-1.
- Mark Aguiar & Erik Hurst, 2005. "Consumption versus Expenditure," Journal of Political Economy, University of Chicago Press, vol. 113(5), pages 919-948, October.
- Attanasio, Orazio & Kitao, Sagiri & Violante, Giovanni L., 2007.
"Global demographic trends and social security reform,"
Journal of Monetary Economics, Elsevier, vol. 54(1), pages 144-198, January.
- Attanasio Orazio P. & Gianluca Violante, 1999. "Global Demographic Trends and Social Security Reform," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, September.
- Bernheim, B. Douglas & Garrett, Daniel M., 2003. "The effects of financial education in the workplace: evidence from a survey of households," Journal of Public Economics, Elsevier, vol. 87(7-8), pages 1487-1519, August.
- John Karl Scholz & Ananth Seshadri & Surachai Khitatrakun, 2006.
"Are Americans Saving "Optimally" for Retirement?,"
Journal of Political Economy, University of Chicago Press, vol. 114(4), pages 607-643, August.
- John Karl Scholz & Ananth Seshadri & Surachai Khitatrakun, 2004. "Are Americans Saving "Optimally" for Retirement?," NBER Working Papers 10260, National Bureau of Economic Research, Inc.
- Yiguo Sun & Thanasis Stengos & Dianqin Wang, 2006.
"Estimates of semiparametric equivalence scales,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 21(5), pages 629-639.
- Thanasis Stengos & Yiguo Sun & Dianqin Wang, 2006. "Estimates of semiparametric equivalence scales," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 21(5), pages 629-639, July.
- Stengos, T. & Sun, Y. & Wang, D., 2003. "Estimates of Semiparametric Equivalence Scales," Working Papers 2003-7, University of Guelph, Department of Economics and Finance.
- Ferrer-i-Carbonell, Ada, 2005. "Income and well-being: an empirical analysis of the comparison income effect," Journal of Public Economics, Elsevier, vol. 89(5-6), pages 997-1019, June.
- Fan, Yanqin & Guerre, Emmanuel & Zhu, Dongming, 2017. "Partial identification of functionals of the joint distribution of “potential outcomes”," Journal of Econometrics, Elsevier, vol. 197(1), pages 42-59.
- Viola Angelini & Agar Brugiavini & Guglielmo Weber, 2014.
"The dynamics of homeownership among the 50+ in Europe,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 27(3), pages 797-823, July.
- Weber, Guglielmo & Brugiavini, Agar & Angelini, Viola, 2012. "The Dynamics of Homeownership Among the 50+ in Europe," CEPR Discussion Papers 8889, C.E.P.R. Discussion Papers.
- Bucher-Koenen, Tabea & Lusardi, Annamaria, 2011.
"Financial literacy and retirement planning in Germany,"
Journal of Pension Economics and Finance, Cambridge University Press, vol. 10(4), pages 565-584, October.
- Bucher-Koenen, Tabea & Lusardi, Annamaria, 2011. "Financial literacy and retirement planning in Germany," MEA discussion paper series 11239, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Tabea Bucher-Koenen & Annamaria Lusardi, 2011. "Financial Literacy and Retirement Planning in Germany," NBER Working Papers 17110, National Bureau of Economic Research, Inc.
- Tabea Bucher-Koenen & Annamaria Lusardi, 2011. "Financial Literacy and Retirement Planning in Germany," CeRP Working Papers 109, Center for Research on Pensions and Welfare Policies, Turin (Italy).
- Samwick, Andrew A., 1998.
"New evidence on pensions, social security, and the timing of retirement,"
Journal of Public Economics, Elsevier, vol. 70(2), pages 207-236, November.
- Andrew A. Samwick, 1998. "New Evidence on Pensions, Social Security, and the Timing of Retirement," NBER Working Papers 6534, National Bureau of Economic Research, Inc.
- Milton Friedman, 1957. "Introduction to "A Theory of the Consumption Function"," NBER Chapters, in: A Theory of the Consumption Function, pages 1-6, National Bureau of Economic Research, Inc.
- J.J. Heckman & E.E. Leamer (ed.), 2007. "Handbook of Econometrics," Handbook of Econometrics, Elsevier, edition 1, volume 6, number 6b.
- Dolls, Mathias & Doerrenberg, Philipp & Peichl, Andreas & Stichnoth, Holger, 2018.
"Do retirement savings increase in response to information about retirement and expected pensions?,"
Journal of Public Economics, Elsevier, vol. 158(C), pages 168-179.
- Mathias Dolls & Philipp Doerrenberg & Andreas Peichl & Holger Stichnoth, 2016. "Do Retirement Savings Increase in Response to Information about Retirement and Expected Pensions?," NBER Chapters, in: Social Insurance Programs (Trans-Atlantic Public Economics Seminar, TAPES), National Bureau of Economic Research, Inc.
- Mathias Dolls & Philipp Dörrenberg & Andreas Peichl & Holger Stichnoth, 2018. "Do Retirement Savings Increase in Response to Information About Retirement and Expected Pensions?," CESifo Working Paper Series 6842, CESifo.
- Dolls, Mathias & Dörrenberg, Philipp & Peichl, Andreas & Stichnoth, Holger, 2018. "Do retirement savings increase in response to information about retirement and expected pensions?," Munich Reprints in Economics 62846, University of Munich, Department of Economics.
- repec:bla:germec:v:11:y:2010:i::p:487-510 is not listed on IDEAS
- Sarah Smith, 2006.
"The Retirement-Consumption Puzzle and Involuntary Early Retirement: Evidence from the British Household Panel Survey,"
Economic Journal, Royal Economic Society, vol. 116(510), pages 130-148, March.
- Sarah Smith, 2006. "The retirement-consumption puzzle and involuntary early retirement: Evidence from the British Household Panel Survey," The Centre for Market and Public Organisation 06/138, The Centre for Market and Public Organisation, University of Bristol, UK.
- Knoef, Marike & Been, Jim & Alessie, Rob & Caminada, Koen & Goudswaard, Kees & Kalwij, Adriaan, 2016. "Measuring retirement savings adequacy: developing a multi-pillar approach in the Netherlands," Journal of Pension Economics and Finance, Cambridge University Press, vol. 15(1), pages 55-89, January.
- Deaton, Angus S & Muellbauer, John, 1986. "On Measuring Child Costs: With Applications to Poor Countries," Journal of Political Economy, University of Chicago Press, vol. 94(4), pages 720-744, August.
- Kämpfen, Fabrice & Maurer, Jürgen, 2016. "Time to burn (calories)? The impact of retirement on physical activity among mature Americans," Journal of Health Economics, Elsevier, vol. 45(C), pages 91-102.
- Douglas Staiger & James H. Stock, 1997.
"Instrumental Variables Regression with Weak Instruments,"
Econometrica, Econometric Society, vol. 65(3), pages 557-586, May.
- Douglas Staiger & James H. Stock, 1994. "Instrumental Variables Regression with Weak Instruments," NBER Technical Working Papers 0151, National Bureau of Economic Research, Inc.
- Hayfield, Tristen & Racine, Jeffrey S., 2008. "Nonparametric Econometrics: The np Package," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 27(i05).
- Donaldson, David & Pendakur, Krishna, 2006. "The Identification of Fixed Costs From Consumer Behavior," Journal of Business & Economic Statistics, American Statistical Association, vol. 24, pages 255-265, July.
- Charles Bellemare & Bertrand Melenberg & Arthur Soest, 2002. "Semi-parametric models for satisfaction with income," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 1(2), pages 181-203, August.
- Guido W. Imbens, 2004.
"Nonparametric Estimation of Average Treatment Effects Under Exogeneity: A Review,"
The Review of Economics and Statistics, MIT Press, vol. 86(1), pages 4-29, February.
- Guido W. Imbens, 2003. "Nonparametric Estimation of Average Treatment Effects under Exogeneity: A Review," NBER Technical Working Papers 0294, National Bureau of Economic Research, Inc.
- J.J. Heckman & E.E. Leamer (ed.), 2007. "Handbook of Econometrics," Handbook of Econometrics, Elsevier, edition 1, volume 6, number 6a.
- B. Douglas Bernheim & Jonathan Skinner & Steven Weinberg, 2001.
"What Accounts for the Variation in Retirement Wealth among U.S. Households?,"
American Economic Review, American Economic Association, vol. 91(4), pages 832-857, September.
- B. Douglas Bernheim & Jonathan Skinner & Steven Weinberg, 1997. "What Accounts for the Variation in Retirement Wealth Among U.S. Households?," Working Papers 97035, Stanford University, Department of Economics.
- B. Douglas Bernheim & Jonathan Skinner & Steven Weinberg, 1997. "What Accounts for the Variation in Retirement Wealth Among U.S. Households?," NBER Working Papers 6227, National Bureau of Economic Research, Inc.
- James Banks & Richard Blundell & Arthur Lewbel, 1997. "Quadratic Engel Curves And Consumer Demand," The Review of Economics and Statistics, MIT Press, vol. 79(4), pages 527-539, November.
- Ada Ferrer-i-Carbonell & Paul Frijters, 2004.
"How Important is Methodology for the estimates of the determinants of Happiness?,"
Economic Journal, Royal Economic Society, vol. 114(497), pages 641-659, July.
- Ada Ferrer-i-Carbonell & Paul Frijters, 2002. "How important is Methodology for the Estimates of the Determinants of Happiness?," Tinbergen Institute Discussion Papers 02-024/3, Tinbergen Institute.
- van Praag, Bernard M. S., 1991.
"Ordinal and cardinal utility : An integration of the two dimensions of the welfare concept,"
Journal of Econometrics, Elsevier, vol. 50(1-2), pages 69-89, October.
- van Praag, Bernard M. S., 1989. "Ordinal And Cardinal Utility: An Integration Of The Two Dimensions Of The Welfare Concept," Econometric Institute Archives 272391, Erasmus University Rotterdam.
- Pierre‐André Chiappori, 2016. "Equivalence versus Indifference Scales," Economic Journal, Royal Economic Society, vol. 0(592), pages 523-545, May.
- Lewbel, Arthur, 1989. "Household equivalence scales and welfare comparisons," Journal of Public Economics, Elsevier, vol. 39(3), pages 377-391, August.
- James H. Schulz & Guy Carrin, 1972. "The Role of Savings and Pension Systems in Maintaining Living Standards in Retirement," Journal of Human Resources, University of Wisconsin Press, vol. 7(3), pages 343-365.
- Geoffrey Lancaster & Ranjan Ray, 1998. "Comparison of Alternative Models of Household Equivalence Scales: The Australian Evidence on Unit Record Data," The Economic Record, The Economic Society of Australia, vol. 74(224), pages 1-14, March.
- María José Luengo‐Prado & Almudena Sevilla, 2013. "Time to Cook: Expenditure at Retirement in Spain," Economic Journal, Royal Economic Society, vol. 123, pages 764-789, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Beirne, Keelan & Nolan, Anne & Roantree, Barra, 2020. "Income adequacy in retirement: Evidence from the Irish longitudinal study on ageing (TILDA)," Research Series, Economic and Social Research Institute (ESRI), number RS107.
- Schmied, Julian, 2023. "The replacement rate that maintains income satisfaction through retirement: The question of income-dependence," The Journal of the Economics of Ageing, Elsevier, vol. 26(C).
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.- Christian Dudel & Julian Schmied, 2023. "Pension benchmarks: empirical estimation and results for the United States and Germany," Fiscal Studies, John Wiley & Sons, vol. 44(2), pages 171-188, June.
- Schmied, Julian, 2023. "The replacement rate that maintains income satisfaction through retirement: The question of income-dependence," The Journal of the Economics of Ageing, Elsevier, vol. 26(C).
- Christian Dudel & Jan Marvin Garbuszus & Julian Schmied, 2021.
"Assessing differences in household needs: a comparison of approaches for the estimation of equivalence scales using German expenditure data,"
Empirical Economics, Springer, vol. 60(4), pages 1629-1659, April.
- Dudel, Christian & Garbuszus, Jan Marvin & Schmied, Julian, 2017. "Assessing differences in household needs: A comparison of approaches for the estimation of equivalence scales using German expenditure data," Ruhr Economic Papers 723, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Li, Hongbin & Shi, Xinzheng & Wu, Binzhen, 2016. "The retirement consumption puzzle revisited: Evidence from the mandatory retirement policy in China," Journal of Comparative Economics, Elsevier, vol. 44(3), pages 623-637.
- Christian Dudel & Notburga Ott & Martin Werding, 2016. "Maintaining one’s living standard at old age: What does that mean?," Empirical Economics, Springer, vol. 51(3), pages 1261-1279, November.
- Jim Been & Susann Rohwedder & Michael Hurd, 2021. "Households’ joint consumption spending and home production responses to retirement in the US," Review of Economics of the Household, Springer, vol. 19(4), pages 959-985, December.
- Annamaria Lusardi & Olivia S. Mitchell, 2014.
"The Economic Importance of Financial Literacy: Theory and Evidence,"
Journal of Economic Literature, American Economic Association, vol. 52(1), pages 5-44, March.
- Annamaria Lusardi & Olivia S. Mitchell, 2013. "The Economic Importance of Financial Literacy: Theory and Evidence," NBER Working Papers 18952, National Bureau of Economic Research, Inc.
- Annamaria Lusardi & Olivia S. Mitchell, 2013. "The Economic Importance of Financial Literacy: Theory and Evidence," CeRP Working Papers 134, Center for Research on Pensions and Welfare Policies, Turin (Italy).
- Jim Been & Michael Hurd & Susann Rohwedder, 2014. "Responses of Time-use to Shocks in Wealth during the Great Recession," Working Papers wp313, University of Michigan, Michigan Retirement Research Center.
- Ioannis Laliotis & Mujaheed Shaikh & Charitini Stavropoulou & Dimitrios Kourouklis, 2023.
"Retirement and Household Expenditure in Turbulent Times,"
Journal of Family and Economic Issues, Springer, vol. 44(4), pages 968-989, December.
- Laliotis, Ioannis & Shaikh, Mujaheed & Stavropoulou, Charitini & Kourouklis, Dimitrios, 2019. "Retirement and household expenditure in turbulent times," LSE Research Online Documents on Economics 102646, London School of Economics and Political Science, LSE Library.
- Ioannis Laliotis & Mujaheed Shaikh & Charitini Stavropoulou & Dimitrios Kourouklis, 2019. "Retirement and Household Expenditure in Turbulent Times," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 137, Hellenic Observatory, LSE.
- Kadir Atalay & Garry F. Barrett & Anita Staneva, 2020. "The effect of retirement on home production: evidence from Australia," Review of Economics of the Household, Springer, vol. 18(1), pages 117-139, March.
- Velarde, Melanie & Herrmann, Roland, 2014. "How retirement changes consumption and household production of food: Lessons from German time-use data," The Journal of the Economics of Ageing, Elsevier, vol. 3(C), pages 1-10.
- Allais, Olivier & Leroy, Pascal & Mink, Julia, 2020. "Changes in food purchases at retirement in France," Food Policy, Elsevier, vol. 90(C).
- Orazio P. Attanasio & Guglielmo Weber, 2010.
"Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy,"
Journal of Economic Literature, American Economic Association, vol. 48(3), pages 693-751, September.
- Orazio P. Attanasio & Guglielmo Weber, 2010. "Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy," NBER Working Papers 15756, National Bureau of Economic Research, Inc.
- Zhu, Penghu & Lin, Boqiang, 2022. "Do the elderly consume more energy? Evidence from the retirement policy in urban China," Energy Policy, Elsevier, vol. 165(C).
- Miriam Beblo & Sven Schreiber, 2022.
"Leisure and housing consumption after retirement: new evidence on the life-cycle hypothesis,"
Review of Economics of the Household, Springer, vol. 20(1), pages 305-330, March.
- Schreiber, Sven & Beblo, Miriam, 2016. "Leisure and Housing Consumption after Retirement: New Evidence on the Life-Cycle Hypothesis," VfS Annual Conference 2016 (Augsburg): Demographic Change 145924, Verein für Socialpolitik / German Economic Association.
- Sven Schreiber & Miriam Beblo, 2016. "Leisure and Housing Consumption after Retirement: New Evidence on the Life-Cycle Hypothesis," SOEPpapers on Multidisciplinary Panel Data Research 849, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Schreiber, Sven & Beblo, Miriam, 2016. "Leisure and housing consumption after retirement: New evidence on the life-cycle hypothesis," Discussion Papers 2016/8, Free University Berlin, School of Business & Economics.
- Stanislaw Maciej Kot, 2023. "Equivalence scales for continuous distributions of expenditure," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 18(1), pages 185-218, March.
- Elsa Fornero & Annamaria Lusardi & Chiara Monticone, 2009. "Adequacy of Saving for Old Age in Europe," CeRP Working Papers 87, Center for Research on Pensions and Welfare Policies, Turin (Italy).
- Nivorozhkina, Ludmila & Nivorozhkin, Anton & Abazieva, Kamilla, 2010. "Drop in consumption associated with retirement. The regression discontinuity design approach," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 19(3), pages 112-126.
- Börsch-Supan, A. & Härtl, K. & Leite, D.N., 2016.
"Social Security and Public Insurance,"
Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 781-863,
Elsevier.
- Börsch-Supan, Axel & Härtl, Klaus & Leite, Duarte Nuno, 2016. "Social security and public insurance," MEA discussion paper series 201604, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Chen, Qihui & Deng, Tinghe & Bai, Junfei & He, Xiurong, 2017.
"Understanding the retirement-consumption puzzle through the lens of food consumption-fuzzy regression-discontinuity evidence from urban China,"
Food Policy, Elsevier, vol. 73(C), pages 45-61.
- Deng, Tinghe & Chen, Qihui & Bai, Junfei, 2016. "Understanding the Retirement-Consumption Puzzle through the Lens of Food Consumption − Fuzzy Regression-Discontinuity Evidence from Urban China," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235540, Agricultural and Applied Economics Association.
More about this item
JEL classification:
- J1 - Labor and Demographic Economics - - Demographic Economics
- Z0 - Other Special Topics - - General
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:dem:wpaper:wp-2019-003. See general information about how to correct material in RePEc.
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: Peter Wilhelm (email available below). General contact details of provider: https://www.demogr.mpg.de/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.