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The annuitization of Americans' resources: a cohort analysis
Alan Auerbach Jagadeesh Gokhale,
Laurence J. Kotlikoff John Sabelhaus and
David N. Weil
Working Paper from Federal Reserve Bank of Cleveland
An analysis of the changes since 1960 in the share of Americans' resources that are annuitized, which has declined slightly for younger Americans but has risen dramatically for the elderly, with important implications for the national saving rate and income inequality.
Keywords: Saving; and; investment (search for similar items in EconPapers)
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