Pension Wealth and Household Savings: Tests of Robustness

Louis Dicks-Mireaux and Mervyn A. King

No 962, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: A substantial literature exists on the impact of pension schemes, both public and private, on the level of household saving. Yet there is no clear consensus on the impact of pensions on private saving. In this paper we show how beliefs about this displacement effect are modified by prior beliefs both about variables which ntight be relevant in an equation for private savings and about the magnitude of the displacement effect. Using data for 8,279 Canadian households, and estimates of pension wealth (both private and social security) which we construct for each household in the sample, the estimated displacement effects are found to be relatively robust with respect to both types of prior belief.

Date: 1982-08
Note: PE
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Published as Dicks-Mireaux, Louis and Mervyn A. King. "Pension Wealth and Household Savings: Tests of Robustness." Journal of Public Economics, Vol. 23, No. 1, 1984, pp. 115-139.

Downloads: (external link)
http://www.nber.org/papers/w0962.pdf (application/pdf)

Related works:
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: https://EconPapers.repec.org/RePEc:nbr:nberwo:0962

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w0962

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().