Ageing, Health and Pensions in Europe: An Economic and by Lans Bovenberg, Asghar Zaidi, A. Van Soest, Arthur H O Van

By Lans Bovenberg, Asghar Zaidi, A. Van Soest, Arthur H O Van Soest

Delivering an overview of the long run study demanding situations for economists and social scientists touching on inhabitants growing older, pensions, wellbeing and fitness and social care in Europe, this e-book examines how medical study grants state of the art proof on source of revenue security and health and wellbeing of the aged, and labour markets and older employees.

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Additional info for Ageing, Health and Pensions in Europe: An Economic and Social Policy Perspective

Sample text

These are potentially vulnerable groups, who are less likely to save for retirement. , 2007; Hedges, 1998). Another way to examine whether and to what extent individuals prepare for retirement and plan for the future is to look at how much they know about crucial components of a saving plan, such as pension and Social Security wealth. , 1995), pension and Social Security savings account for about half of total wealth accumulation. Earlier studies indicated that workers were woefully uninformed about their pensions and the characteristics of their pension plans (Mitchell, 1988; Gustman and Steinmeier, 1989).

Why? Adequacy of Savings for Old Age in Europe iv. v. 4 29 What is the role of household composition in regard to saving? 1, the analysis of consumption patterns often takes into account family composition and its changes. More attention, however, should be given to the relationship between demographics and the path of wealth accumulation, not only by including an altruistic or strategic bequest motive in the theoretical framework, but by truly integrating saving- and fertility decisions. What is the link between micro- and macro dimensions?

And S. Rohwedder (2006) ‘Some Answers to the Retirement-Consumption Puzzle’ RAND working paper WR-342. 36 Elsa Fornero / Annamaria Lusardi / Chiara Monticone Hurd, M. and S. Rohwedder (2008) ‘Adequacy of Resources in Retirement’, prepared for the 10th Annual Joint Conference of the Retirement Research Consortium ‘Creating a Secure Retirement System’, August 7-8, 2008, Washington, DC. Kifmann, M. (2008) ‘The Design of Pension Pay-Out Options When the Health Status During Retirement is Uncertain’, CESifo working paper 2211.

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