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dc.contributor.authorEl Mekkaoui de Freitas, Najat
dc.contributor.authorMourougane, Annabelle
dc.contributor.authorRalle, Pierre
dc.date.accessioned2011-04-30T14:33:08Z
dc.date.available2011-04-30T14:33:08Z
dc.date.issued2002
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/6125
dc.language.isoenen
dc.subjectprivate pension fundsen
dc.subjectsavingen
dc.subjectHousehold consumptionen
dc.subject.ddc339en
dc.subject.classificationjelG23en
dc.subject.classificationjelE21en
dc.subject.classificationjelC2en
dc.titleDo private pension funds increase household consumption ? An empirical studyen
dc.typeDocument de travail / Working paper
dc.description.abstractenPrivate pension plans are now an important source of retirement income, especially in the United Kingdom and in the United States. They play an increasing role in the economy of most of the OECD countries. Therefore, we analyse the effect of pensions on private consumption. We focus on the estimation of a ECM consumption function in the case of the United States and the United Kingdom. It is shown that pension funds would have a negative impact on households’saving ratio. However, these estimations remain fragile, given the very limited number of observations avalaible. Some preliminary estimations on panels data are then implemented, showing no impact of pension funds on private consumption.en
dc.publisher.nameUniversité Paris-Dauphine
dc.publisher.cityParis
dc.identifier.citationpages26en
dc.relation.ispartofseriestitleCahiers de recherche d'EURISCOen
dc.relation.ispartofseriesnumber2002-03en
dc.description.sponsorshipprivateouien
dc.subject.ddclabelMacroéconomieen


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