Playing the Generation Game: a re-examination of saving behaviour around retirement

Dr Martin Weale ()

No 200, National Institute of Economic and Social Research (NIESR) Discussion Papers from National Institute of Economic and Social Research

Abstract: We explore how men's hourly wages and the consumption and income patterns of households headed by men aged 53-67 evolve as the men age towards retirement and cross the retirement threshold. We make use of cross-section data from the Family Expenditure Survey and Family Resource Survey, but check for sample selection bias in our estimates of hourly wage movements using data from the British Household Panel Survey. We find that households including men entitled to occupational pensions, and particularly those headed by men who stayed at school beyond 16, are largely able to smooth their consumption across the retirement threshold. Relevant households with no access to occupational pensions show sharp falls in consumption on retirement.

Date: 2002-09
New Economics Papers: this item is included in nep-mac
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:nsr:niesrd:200

Access Statistics for this paper

More papers in National Institute of Economic and Social Research (NIESR) Discussion Papers from National Institute of Economic and Social Research 2 Dean Trench Street Smith Square London SW1P 3HE. Contact information at EDIRC.
Bibliographic data for series maintained by Library & Information Manager ().