EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/21086
  
Title:The Saving Behaviour of Two Person Households: Evidence from Dutch Panel Data PDF Logo
Authors:Euwals, Rob
Börsch-Supan, Axel
Eymann, Angelika
Issue Date:2000
Series/Report no.:IZA Discussion paper series 238
Abstract:As wives generally are younger than their husbands, and as they also have a higher life expectancy, wives generally have larger incentives to save for old age than their husbands. This paper analyses the household members? attitudes towards saving for old age, and the relation with the household saving and portfolio choice behaviour. Based on a panel of two-person households (e.g. with a husband and a wife) from the Dutch CentER Savings Survey, we find that wives find saving for old age more important than their husbands. In a special high-income subsample we find that for this group the household members find saving for old age equally important. The major determinant of both household members? attitudes is the husband?s mandatory pension rights. Both household members? attitude relate to the probability of holding annuity and endowment insurances, while only the husband?s attitude relates to the probability of holding stocks. Concerning discretionary household wealth we find evidence for an impact of the husband?s attitude, but no evidence for an impact of the wife?s attitude.
Subjects:Savings
pensions
intra-household behaviour
JEL:C33
C35
D19
D91
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

Files in This Item:
File Description SizeFormat
dp238.pdf223.07 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/21086

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.