The wealth decumulation behavior of the retired elderly in Italy: the importance of bequest motives and precautionary saving

Ventura, Luigi; Yuji Horioka, Charles

doi:10.1007/s11150-020-09486-y

Public

The wealth decumulation behavior of the retired elderly in Italy: the importance of bequest motives and precautionary saving

Published in Review of Economics of the Household • Apr 30, 2020

Authors:

Luigi Ventura

Charles Yuji Horioka

Abstract

Abstract In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data from the “Survey of Italian Households’ Income and Wealth,” a panel survey of households conducted every 2 years by the Bank of Italy. We find that, on average, the retired...

Subject

Bequest

Economics

National wealth

Research Assistant

AI chat, annotations, notes & similar papers

Finding related papers...

Discussions

(0)

No comments yet

Be the first to share your thoughts!