Pensions and household structure

How Do Pensions Affect Household Wealth Accumulation?

Most analyses of pension effects on saving behavior use an empirical specification derived from a very simple version of the life cycle model, with a fixed retirement age, a perfect capital market, isoelastic or quadratic preferences, and a " unitary " specification of household preferences. My empirical analysis relaxes several of these strong assumptions. The results indicate that estimates o...

Pensions

and adaptability on the other need very careful adjustment. It is pleasing to read that the authors advocate giving full range to the more generous sentiments of human nature, and that they treat this subject sympathetically, but at the same time they endeavour to eliminate abuse as far as possible. The scheme of the book is interesting, it traces the history of the pension system from its ince...

Tenure, Gender and Household Structure

Intertemporal Behavior and Household Structure∗

In this paper the traditional household Euler equations are estimated for singles and separately for couples. Using the Consumer Expenditure Survey, I reject the Euler equations of couples, but I cannot reject the Euler equations of singles. This result is rationalized using an intertemporal model with no intra-household commitment. Using this model it can be shown that an excess sensitivity te...

Sensitivity of Household Transmission to Household Contact Structure and Size

OBJECTIVE Study the influence of household contact structure on the spread of an influenza-like illness. Examine whether changes to in-home care giving arrangements can significantly affect the household transmission counts. METHOD We simulate two different behaviors for the symptomatic person; either s/he remains at home in contact with everyone else in the household or s/he remains at home ...