Saving for Retirement: Household Bargaining and Household Net Worth

@inproceedings{Lundberg2000SavingFR,
  title={Saving for Retirement: Household Bargaining and Household Net Worth},
  author={Shelly J. Lundberg and Jennifer L. Ward-Batts},
  year={2000}
}
Traditional economic models treat the household as a single individual, and do not allow for separate preferences of and possible conflicts of interest between husbands and wives. Since wives are typically younger than their husbands and life expectancy for women exceeds that for men, wives may prefer to save more for retirement than do their husbands. This suggests that households in which wives have greater relative bargaining power may accumulate greater net worth as they approach retirement… CONTINUE READING

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