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Pension wealth and household saving: evidence from pension reforms in the UK [PDF]

open access: yes
Using three major UK pension reforms as natural experiments we investigate the relationship between pension saving and discretionary private savings. Unlike most differences-in -differences approaches which rely on average differences between the control
Orazio Attanasio, Susanne Rohwedder
core  

The impact of contractual savings institutions on securities markets [PDF]

open access: yes
The authors assess empirically the impact of contractual savings institutions portfolios (pension funds and life insurance companies) on securities markets, for example, depth and liquidity in the domestic stock market, and depth in the domestic bond ...
Impavido, Gregorio   +2 more
core  

The optimal legal retirement age in an OLG model with endogenous labour supply [PDF]

open access: yes
The long run welfare implications of the legal retirement age are studied in a perfect foresight overlapping-generations model where agents live for two periods.
Hansen, Casper Worm, Lønstrup, Lars
core  

On asset-liability matching and federal deposit and pension insurance [PDF]

open access: yes
Asset-liability mismatch was a principal cause of the Savings and Loan Crisis of the 1980s. The federal government's failure to recognize the mismatch risk early on and manage it properly led to huge losses by the Federal Savings and Loan Insurance ...
Zvi Bodie
core  

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