Financial wealth in later life: evidence from BHPS data

James Banks, Zoe Smith and Matthew Wakefield
Authors registered in the RePEc Author Service: Zoe Oldfield

No 14, Royal Economic Society Annual Conference 2003 from Royal Economic Society

Abstract: This paper examines evidence from the British Household Panel Survey on the distribution of financial wealth amongst benefit units in 1995 and 2000, and in particular focuses on older individuals as they approach and move through their retirement. We analyse the links between financial wealth, housing wealth and pension status and look at lessons and implications for the current policy debate on pensions, savings and the adequacy of financial provision for retirement.

Keywords: incomes; wealth; pensions; housing wealth; life-cycle model (search for similar items in EconPapers)
JEL-codes: D31 D91 (search for similar items in EconPapers)
Date: 2003-06-04
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ecj:ac2003:14

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