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Grasshoppers, Ants, and Pre-Retirement Wealth: A Test of Permanent Income

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NBER2003-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w10098
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This paper shows that households who enter retirement with low wealth consistently followed non-permanent income consumption rules during their working years. Using the Panel Study of Income Dynamics (PSID), household wealth in 1989 is predicted for a sample of 50-65 year olds using both current and
提供机构:
美国国家经济研究局
创建时间:
2003-11-01
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