Wealth Depletion and Life Cycle Consumption by the Elderly
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The objective of the work reported in this paper is to find if the consumption data from the six waves of the Retirement History Survey are consistent with the life cycle hypothesis of consumption and to test the importance of a bequest motive for saving. The 12 data items which are used cover an
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美国国家经济研究局创建时间:
1990-10-01



