Articles liés à The Retirement-Consumption Puzzle: Theory and Empirical...
Synopsis
Seminar paper from the year 2011 in the subject Business economics - Investment and Finance, grade: 1,0, University of Mannheim, course: Seminar in Bankbetriebslehre und Behavioral Finance, language: English, abstract: The literature on consumption behavior finds that households consistently reduce consumption at retirement. It documents a consumption dip of between seven and 17% on average. However, according to life cycle theory, households smooth marginal utility of consumption across time periods. The discrepancy between the predictions of theory and empirical findings is known as the retirement-consumption puzzle. A deeper knowledge on retirement saving behavior is of interest for at least three reasons. First, it facilitates the testing of theoretical models like the life cycle hypothesis. Thereby, it helps to understand if and by how far individuals plan their retirement in a rational manner. Second, ... [...] The task of this paper is to assess both theory and empirical evidence of the retirement consumption puzzle. It, therefore, discusses the basic characteristics of standard life cycle theory in section 2. Section 3 examines the main determinants of the puzzle and perspectives from which the puzzle has been investigated. Section 4 concludes.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Acheter neuf
Afficher cet article
EUR 18,95
EUR 10,99 expédition depuis Allemagne vers France
Destinations, frais et délaisRésultats de recherche pour The Retirement-Consumption Puzzle: Theory and Empirical...
Image fournie par le vendeur
The Retirement-Consumption Puzzle: Theory and Empirical Evidence
Vendeur : AHA-BUCH GmbH, Einbeck, Allemagne
Évaluation du vendeur 5 sur 5 étoiles
Taschenbuch. Etat : Neu. Druck auf Anfrage Neuware - Printed after ordering - Seminar paper from the year 2011 in the subject Business economics - Investment and Finance, grade: 1,0, University of Mannheim, course: Seminar in Bankbetriebslehre und Behavioral Finance , language: English, abstract: The literature on consumption behavior finds that households consistently reduce consumption at retirement. It documents a consumption dip of between seven and 17% on average. However, according to life cycle theory, households smooth marginal utility ofconsumption across time periods. The discrepancy between the predictions of theory and empirical findings is known as the retirement-consumption puzzle.A deeper knowledge on retirement saving behavior is of interest for at least three reasons. First, it facilitates the testing of theoretical models like the life cycle hypothesis. Thereby, it helps to understand if and by how far individuals plan their retirement in a rational manner. Second,.[.]The task of this paper is to assess both theory and empirical evidence of the retirement consumption puzzle. It, therefore, discusses the basic characteristics of standard life cycle theory in section 2. Section 3 examines the main determinants of the puzzle andperspectives from which the puzzle has been investigated. Section 4 concludes. N° de réf. du vendeur 9783640989799
Quantité disponible : 1 disponible(s)
Image fournie par le vendeur
The Retirement-Consumption Puzzle: Theory and Empirical Evidence
impression à la demandeVendeur : BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Allemagne
Évaluation du vendeur 5 sur 5 étoiles
Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Seminar paper from the year 2011 in the subject Business economics - Investment and Finance, grade: 1,0, University of Mannheim, course: Seminar in Bankbetriebslehre und Behavioral Finance , language: English, abstract: The literature on consumption behavior finds that households consistently reduce consumption at retirement. It documents a consumption dip of between seven and 17% on average. However, according to life cycle theory, households smooth marginal utility ofconsumption across time periods. The discrepancy between the predictions of theory and empirical findings is known as the retirement-consumption puzzle.A deeper knowledge on retirement saving behavior is of interest for at least three reasons. First, it facilitates the testing of theoretical models like the life cycle hypothesis. Thereby, it helps to understand if and by how far individuals plan their retirement in a rational manner. Second,.[.]The task of this paper is to assess both theory and empirical evidence of the retirement consumption puzzle. It, therefore, discusses the basic characteristics of standard life cycle theory in section 2. Section 3 examines the main determinants of the puzzle andperspectives from which the puzzle has been investigated. Section 4 concludes. 28 pp. Englisch. N° de réf. du vendeur 9783640989799
Quantité disponible : 2 disponible(s)
Image fournie par le vendeur
The Retirement-Consumption Puzzle: Theory and Empirical Evidence
Vendeur : buchversandmimpf2000, Emtmannsberg, BAYE, Allemagne
Évaluation du vendeur 5 sur 5 étoiles
Taschenbuch. Etat : Neu. Neuware -Seminar paper from the year 2011 in the subject Business economics - Investment and Finance, grade: 1,0, University of Mannheim, course: Seminar in Bankbetriebslehre und Behavioral Finance , language: English, abstract: The literature on consumption behavior finds that households consistently reduce consumption at retirement. It documents a consumption dip of between seven and 17% on average. However, according to life cycle theory, households smooth marginal utility ofconsumption across time periods. The discrepancy between the predictions of theory and empirical findings is known as the retirement-consumption puzzle. A deeper knowledge on retirement saving behavior is of interest for at least three reasons. First, it facilitates the testing of theoretical models like the life cycle hypothesis. Thereby, it helps to understand if and by how far individuals plan their retirement in a rational manner. Second, [.] The task of this paper is to assess both theory and empirical evidence of the retirement consumption puzzle. It, therefore, discusses the basic characteristics of standard life cycle theory in section 2. Section 3 examines the main determinants of the puzzle and perspectives from which the puzzle has been investigated. Section 4 concludes.Books on Demand GmbH, Überseering 33, 22297 Hamburg 28 pp. Englisch. N° de réf. du vendeur 9783640989799
Quantité disponible : 2 disponible(s)
Image d'archives
The Retirement-Consumption Puzzle: Theory and Empirical Evidence
Vendeur : California Books, Miami, FL, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
Etat : New. N° de réf. du vendeur I-9783640989799
Quantité disponible : Plus de 20 disponibles
Image fournie par le vendeur
The Retirement-Consumption Puzzle: Theory and Empirical Evidence
Vendeur : preigu, Osnabrück, Allemagne
Évaluation du vendeur 5 sur 5 étoiles
Taschenbuch. Etat : Neu. The Retirement-Consumption Puzzle: Theory and Empirical Evidence | Kevin Rink | Taschenbuch | 28 S. | Englisch | 2011 | GRIN Verlag | EAN 9783640989799 | Verantwortliche Person für die EU: BoD - Books on Demand, In de Tarpen 42, 22848 Norderstedt, info[at]bod[dot]de | Anbieter: preigu. N° de réf. du vendeur 106835284
Quantité disponible : 5 disponible(s)