Consumer expenditures and home production at retirement - new evidence from Germany

German Economic Review

Volumn 11, Issue 2, 2010, Pages 225-245

  Lührmann, Melanie ^a  

^a INSTITUTE FOR FISCAL STUDIES   (United Kingdom)

Author keywords

Consumer demand; Life cycle model; Retirement; Time use

Indexed keywords

CONSUMPTION BEHAVIOR; HOUSEHOLD EXPENDITURE; HOUSEHOLD INCOME; LIFE CYCLE ANALYSIS; RETIREMENT;

GERMANY;

EID: 77953039468     PISSN: 14656485     EISSN: 14680475     Source Type: Journal    
DOI: 10.1111/j.1468-0475.2010.00509.x     Document Type: Article

References (24)

1. Aguiar M, Hurst E. Consumption vs. Expenditure. Journal of Political Economy 2005, 113:919-948.
2. Banks J, Blundell R, Tanner S. Is there a Retirement-Savings Puzzle? American Economic Review 1998, 88:769-788.
3. Berkel B, Börsch-Supan A. Pension Reform in Germany: The Impact on Retirement Decisions. Finanzarchiv 2004, 60:393-421.
4. Bernheim D B, Skinner J, Weinberg S. What Accounts for the Variation in Retirement Wealth among US Households? American Economic Review 2001, 91:832-857.
5. Börsch-Supan A, Schnabel R, Kohnz S, Mastrobuoni G. Micro-Modeling of Retirement Decisions in Germany. Social Security Programs and Retirement Around the World 2004, 285-343. Gruber J, Wise D A, in, (eds.), University of Chicago Press, Chicago, pp
6. Christensen M L. 2004, Demand Patterns around Retirement: Evidence from Spanish Panel Data', unpublished manuscript
7. Deaton A. The Analysis of Household Surveys 2000, Johns Hopkins University Press, Baltimore, MD
8. Deaton A, Paxson C. Intertemporal Choice and Inequality. Journal of Political Economy 1994, 102:437-467.
9. Dilnot A, Disney R, Johnson P, Whitehouse E. Pensions Policy in the UK: An Economic Analysis 1994, IFS Report No. 45, London
10. Gustman A, Steinmeier T. Effects of Pensions on Savings: Analysis of Data from the Health and Retirement Study. Carnegie-Rochester Conference Series on Public Policy 1999, 50:271-324.
11. Hamermesh D S. Consumption during Retirement: The Missing Link in the Life Cycle. Review of Economics and Statistics 1984, 66:1-7.
12. Hurd M, Rohwedder S. 2003, The Retirement- Consumption Puzzle: Anticipated and Actual Declines in Spending at Retirement', NBER Working Paper No. 9586
13. Hurd M, Rohwedder S. 2005, Changes in Consumption and Activities in Retirement', Michigan Retirement', Research Center Discussion Paper No. 2005-096
14. Hurd M, Rohwedder S. 2006, Some Answers to the Retirement- Consumption Puzzle', NBER Working Paper No. 12057
15. Laitner J, Silverman D. 2005, Estimating Life Cycle Parameters from Consumption Behavior at Retirement', NBER Working Paper No. 11163
16. Lundberg S, Startz R, Stillman S. The retirement- Consumption Puzzle: A Marital Bargaining Approach. Journal of Public Economics 2001, 87:1199-1218.
17. Merz J. 2001, Was fehlt in der EVS? eine Verteilungsanalyse hoher Einkommen mit der verknüpften Einkommensteuerstatistik für Selbständige und abhängig Beschäftigte. FFB Diskussionspapier Nr. 30
18. Miniaci R, Monfardini C, Weber G. 2003, Is There a Retirement Consumption Puzzle in Italy?', IFS Working Paper No. W03/14
19. Modigliani F, Brumberg R. Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data. Post-Keynesian Economics 1954, 388-436. Kurihara K, in, (ed.), Rutgers University Press, New Brunswick, pp
20. Schwerdt G. Why Does Consumption Fall at Retirement? Evidence from Germany. Economics Letters 2005, 89:300-305.
21. Smith S. 2004, Can the Retirement Consumption Puzzle Be Solved?', IFS Working Paper No. W04/07
22. Smith S. The Retirement- Consumption Puzzle and Involuntary Early Retirement Evidence from the British Household Panel Survey. Economic Journal 2006, 116:130-148.
23. Wo bleibt die Zeit? Die Zeitverwendung der Bevölkerung in Deutschland 2003, Statistisches Bundesamt, (ed.), Statistisches Bundesamt, Wiesbaden
24. Alltag in Deutschland - Analysen zur Zeitverwendung. Vol. 43. Forum der Bundesstatistik 2004, Statistisches Bundesamt, (ed.), Statistisches Bundesamt, Wiesbaden