Economics at your fingertips  

The annuitization of Americans' resources: a cohort analysis

Alan Auerbach, Jagadeesh Gokhale, Laurence Kotlikoff (), John Sabelhaus and David Weil ()

No 9413, Working Paper from Federal Reserve Bank of Cleveland

Abstract: 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)
Date: 1994
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link) ... 4-13.pdf#scribd-open Full text (application/pdf)

Related works:
Working Paper: The Annuitization of Americans' Resources: A Cohort Analysis (1995) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Paper from Federal Reserve Bank of Cleveland Contact information at EDIRC.
Series data maintained by 4D Library ().

Page updated 2017-11-23
Handle: RePEc:fip:fedcwp:9413