PENSION WEALTH AND HOUSEHOLD SAVING : EVIDENCE FROM PENSION REFORMS IN THE UK Orazio Attanasio

@inproceedings{Attanasio2001PENSIONWA,
  title={PENSION WEALTH AND HOUSEHOLD SAVING : EVIDENCE FROM PENSION REFORMS IN THE UK Orazio Attanasio},
  author={Orazio Attanasio and Susann Rohwedder},
  year={2001}
}
Using three major UK pension reforms as natural experiments we investigate the relationship between pension saving and discretionary private savings. Unlike most differences-indifferences approaches which rely on average differences between the control and the treatment group, we use economic theory to model the response of each individual household. The model permits us to use both time-series and cross-sectional variation in a consistent way to identify the behavioural response. The study is… CONTINUE READING