Retirement Consumption: Insights from a Survey
By J. Ameriks, Andrew Caplin, John Leahy. Review of Economics and Statistics, 2007
120 citations recorded by the source corpus.
Prior research has established that consumption falls significantly at retirement. What is not known is the extent to which this fall is anticipated during the working years. Using data from a new survey, we show that many working households do expect a considerable fall in consumption when they retire. In fact, those who are already retired report significantly smaller falls in consumption than are expected by those who are still working.
Subfields: Accounting, Demography, Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/7ba3f3bf1c2dde1a029f9e273e4f49d520c5e698
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Citations in the corpus
- The Retirement of a Consumption Puzzle (2008, unknown): “…cohort effects from the late 1990s may explain the lack of findings in the HRS data analyzed Haider and Stephens (2007).5 Hurd and Rohwedder (2003, 2005) and Ameriks et al. (2007) take a different approach to analyzing changes in spending at the time of retirement by using retroactive survey data.”
- Regression Discontinuity Applications with Rounding Errors in the Running Variable (2015, background): “, 1998), the USA (Bernheim et al., 2001; Aguila et al., 2011; Ameriks et al., 2007; Haider and Stephens, 2007; Hurd and Rohwedder, 2008), Canada (Robb and Burbridge, 1989), Germany (Schwerdt, 2005) and Italy (Battistin et al.”