By Lans Bovenberg, Asghar Zaidi, A. Van Soest, Arthur H O Van Soest
Delivering an overview of the long run examine demanding situations for economists and social scientists relating inhabitants growing older, pensions, future health and social care in Europe, this e-book examines how clinical examine provides state of the art facts on source of revenue security and health of the aged, and labour markets and older employees.
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Additional resources for Ageing, Health and Pensions in Europe: An Economic and Social Policy Perspective
The answer is mixed. The life-cycle model is rigorous, rich and flexible – and has proved itself capable of accommodating important facts of life, such as the relevance of precautionary saving not only in youth but also in old age. Its limitations, however, increasingly suggest alternative paths, such as recourse to experimental economics. Also because of these limitations, we cannot simply transfer to Europe the (mostly American) evidence suggesting that the large majority of households behave according to the model and that only a (limited) fraction of households fails to plan adequately for retirement.
And A. Lusardi (2003) ‘Saving: Cross-National Perspective’ in A. ), Life-Cycle Savings and Public Policy: A Cross-National Study in Six Countries (New York: Academic Press). Brown, J. (2009) ‘Understanding the Role of Annuities in Retirement Planning’ in A. ), Overcoming the Saving Slump: How to Increase the Effectiveness of Financial Education and Saving Programs (Chicago: University of Chicago Press). Brown, J. and J. Poterba (2000) ‘Joint Life Annuities and Annuity Demand by Married Couples’, Journal of Risk and Insurance 67, 527-554.
And A. Lusardi (2009). ‘Financial Literacy and Retirement Planning in Germany’, paper presented at the Netspar International Pension Workshop, Zurich, June 2010. , E. Fornero and M. Rossi (2009) ‘The Effect of House Prices on Household Saving’, Journal of Real Estate Finance and Economics 39 (3), 284-300. Campbell, J. (2006) ‘Household Finance’, Journal of Finance 61(4), 1553-1604. Castellino, O. and E. Fornero (2006) ‘Private Pension in Europe and in the United States: A Comparison of Recent and Likely Future Developments’, ICFAI Journal of Employment Law iv(4), 8-34.
Ageing, Health and Pensions in Europe: An Economic and Social Policy Perspective by Lans Bovenberg, Asghar Zaidi, A. Van Soest, Arthur H O Van Soest