|
EconStor >
Goethe-Universität Frankfurt am Main >
Center for Financial Studies (CFS), Universität Frankfurt a. M. >
CFS Working Paper Series, Universität Frankfurt a. M. >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/25486
|
| | |
Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Lusardi, Annamaria | | en_US |
| dc.contributor.author | | Mitchell, Olivia S. | | en_US |
| dc.date.accessioned | | 2006-10-11 | | en_US |
| dc.date.accessioned | | 2009-07-24T13:48:00Z | | - |
| dc.date.available | | 2009-07-24T13:48:00Z | | - |
| dc.date.issued | | 2006 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/25486 | | - |
| dc.description.abstract | | We compare wealth holdings across two cohorts of the Health and Retirement Study: the early Baby Boomers in 2004, and individuals in the same age group in 1992. Levels and patterns of total net worth have changed relatively little over time, though Boomers rely more on housing equity than their predecessors. Most important, planners in both cohorts arrive close to retirement with much higher wealth levels and display higher financial literacy than non-planners. Instrumental variables estimates show that planning behavior can explain the differences in savings and why some people arrive close to retirement with very little or no wealth. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Center for Financial Studies Frankfurt, Main | | en_US |
| dc.relation.ispartofseries | | CFS Working Paper 2006/20 | | en_US |
| dc.subject.jel | | D91 | | en_US |
| dc.subject.jel | | E21 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Wealth Holdings | | en_US |
| dc.subject.keyword | | Housing Wealth | | en_US |
| dc.subject.keyword | | Lack of Planning | | en_US |
| dc.subject.keyword | | Literacy | | en_US |
| dc.subject.keyword | | Cohorts | | en_US |
| dc.subject.stw | | Alterssicherung | | en_US |
| dc.subject.stw | | Vermögensbildung | | en_US |
| dc.subject.stw | | Immobilien | | en_US |
| dc.subject.stw | | Planung | | en_US |
| dc.subject.stw | | Anlageverhalten | | en_US |
| dc.subject.stw | | USA | | en_US |
| dc.title | | Baby boomer retirement security: The roles of planning, financial literacy, and Housing wealth | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 518561402 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.identifier.repec | | RePEc:zbw:cfswop:200620 | | - |
| Appears in Collections: | | CFS Working Paper Series, Universität Frankfurt a. M.
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|