The Impact of Individual Investment Behavior for Retirement Welfare: Evidence from the United States and Germany



Cocco, J. F., F. J. Gomes, and P. J. Maenhout (2005), Consumption and Portfolio
Choice over the Life-Cycle,
The Review of Financial Studies, 18: 491-533.

Dammon, R. M., C. S. Spatt, and H. H. Zhang (2004), Optimal Asset Location and
Allocation with Taxable and Tax-Deferred Investing,
The Journal of Finance, 59:
999-1037.

Davis, S. J., F. Kubler, and P. Willen (2005), Borrowing Costs and the Demand for
Equity over the Life Cycle,
Review of Economics and Statistics, 88: 348-362.

De Jong, F., J. Driessen, and O. Van Hemert (2007), Hedging House Price Risk:
Portfolio Choice with Housing Futures, working paper, Available at SSRN:
http://ssrn.com/abstract=740364.

Deaton, A. (1991), Saving and Liquidity Constraints, Econometrica, 59: 1221-1248.

Dohmen, T. J., A. Falk, D. Huffman, U. Sunde, J. Schupp, and G. G. Wagner,
(2005), Individual Risk Attitudes: New Evidence from a Large, Representative
Experimentally-Validated Survey,
IZA DP No. 1730, available at SSRN:
http://ssrn.com/abstract=807408.

Eisenhauer, J. G., and L. Ventura (2003), Survey measures of risk aversion and
prudence,
Applied Economics, 35: 1477-1484.

Eymann, A., and A. Borsch-Supan (2002), Household Portfolios in Germany, in:
Luigi Guiso, Michael Haliassos, and Tullio Japelli (eds.),
Household Portfolios
(Cambridge (MA) et al.: The MIT Press), 291-340.

Federal Ministry of Health and Social Affairs (2005), Old-age Pension Schemes in
Germany 2003 (ASID ’03), Summary of Survey Results
, Munich: Federal
Ministry of Health and Social Affairs.

Federal Statistical Office (2003), Germany’s population by 2050: Results of the 10th
coordinated population projection
, Wiesbaden: Federal Statistical Office.

Federal Statistical Office (2006), Germany’s population by 2050: Results of the 11th
coordinated population projection
, Wiesbaden: Federal Statistical Office.

Federal Statistical Office (2007), Statistical Yearbook 2007 For the Federal Republic
of Germany
, Wiesbaden: Federal Statistical Office.

Fitzenberger, B., and G. Wunderlich (2002), Gender Wage Differences in West
Germany: A Cohort Analysis,
German Economic Review, 3: 379-414.

Gollier, C. (2001), The Economics of Risk and Time, Cambridge (MA) et al.: The
MIT Press.

34



More intriguing information

1. Higher education funding reforms in England: the distributional effects and the shifting balance of costs
2. Quelles politiques de développement durable au Mali et à Madagascar ?
3. Opciones de política económica en el Perú 2011-2015
4. Om Økonomi, matematik og videnskabelighed - et bud på provokation
5. Are class size differences related to pupils’ educational progress and classroom processes? Findings from the Institute of Education Class Size Study of children aged 5-7 Years
6. The name is absent
7. AN IMPROVED 2D OPTICAL FLOW SENSOR FOR MOTION SEGMENTATION
8. The name is absent
9. The Nobel Memorial Prize for Robert F. Engle
10. Cyber-pharmacies and emerging concerns on marketing drugs Online