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Heterogeneity in spending change at retirement
The simple one-good model of life-cycle consumption requires that consumption be continuous over retirement; yet prior research based on partial measures of consumption or on synthetic panels indicates that spending drops at retirement, a result that has been called the retirement-consumption puzzle...
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| Main Authors: | , |
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| Format: | Artigo |
| Jezik: | Inglês |
| Izdano: |
2013
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| Teme: | |
| Online dostop: | https://ncbi.nlm.nih.gov/pmc/articles/PMC3919678/ https://ncbi.nlm.nih.gov/pubmed/24524026 https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.jeoa.2013.09.002 |
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