The annuitization of Americans' resources: a cohort analysis

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

No 9413, Working Papers (Old Series) 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
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Citations: View citations in EconPapers (2)

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Working Paper: The Annuitization of Americans' Resources: A Cohort Analysis (1995)
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedcwp:9413

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