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Author: Munnell, Alicia H.
Resulting in 1 citation.
1. Munnell, Alicia H.
Private Pensions and Savings: New Evidence
Journal of Political Economy 84,5 (October 1976): 1013-1032.
Also: http://www.jstor.org/stable/1830440
Cohort(s): Older Men
Publisher: University of Chicago Press
Keyword(s): Behavior; Earnings; Family Resources; Pensions; Retirement; Social Security

This paper examines the impact of private pension coverage on the saving behavior of men in their preretirement years. The empirical work is based on the Ando-Modigliani model but permits explicit recognition of differences in expected retirement age between covered and noncovered groups. The results clearly indicate that, contrary to earlier work by Cagan and Katona, pension coverage reduces saving in other forms.
Bibliography Citation
Munnell, Alicia H. "Private Pensions and Savings: New Evidence." Journal of Political Economy 84,5 (October 1976): 1013-1032.