Pension Wealth and Individual Saving: Some New Evidence

R. Glenn Hubbard

doi:10.2307/1992200

Public pension wealth and household asset holdings: new evidence from Belgium

Journal of Pension Economics and Finance ◽

10.1017/s1474747218000409 ◽

2019 ◽

Vol 19 (3) ◽

pp. 309-322

Author(s):

Mathieu Lefebvre ◽

Sergio Perelman

Keyword(s):

Public Pension ◽

Accurate Estimation ◽

Third Wave ◽

Household Savings ◽

Microsimulation Model ◽

Displacement Effect ◽

Household Asset ◽

The Individual ◽

New Evidence ◽

Pension Wealth

AbstractIt has been long suggested that public pension wealth may crowd out household savings. However, there remains controversy about the extent of this displacement effect. In this paper we use an original microsimulation model based on retrospective survey data collected through the third wave of the Survey of Health, Ageing and Retirement in Europe (SHARE) to estimate the displacement effect of public pension wealth on other wealth in Belgium. Combining this rich dataset with an accurate estimation of the individual pension entitlements allows us to circumvent some of the main measurement error problems faced by previous studies. We estimate that an extra euro of public pension wealth is associated with about 14–25 cent decline in households’ non-pension wealth.

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Systematic effects in observed parallaxes

International Astronomical Union Colloquium ◽

10.1017/s0252921100073887 ◽

1978 ◽

Vol 48 ◽

pp. 31-35

Author(s):

R. B. Hanson

Keyword(s):

Error Estimates ◽

Zero Point ◽

Absolute Zero ◽

Apparent Magnitude ◽

Coherent System ◽

Preliminary Results ◽

General Catalogue ◽

Systematic Effects ◽

New Evidence ◽

Right Ascension

Several outstanding problems affecting the existing parallaxes should be resolved to form a coherent system for the new General Catalogue proposed by van Altena, as well as to improve luminosity calibrations and other parallax applications. Lutz has reviewed several of these problems, such as: (A) systematic differences between observatories, (B) external error estimates, (C) the absolute zero point, and (D) systematic observational effects (in right ascension, declination, apparent magnitude, etc.). Here we explore the use of cluster and spectroscopic parallaxes, and the distributions of observed parallaxes, to bring new evidence to bear on these classic problems. Several preliminary results have been obtained.

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MERLIN Finds New Evidence of Ranolazine Safety

Internal Medicine News ◽

10.1016/s1097-8690(07)70525-5 ◽

2007 ◽

Vol 40 (9) ◽

pp. 36

Author(s):

BRUCE JANCIN

Keyword(s):

New Evidence

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Vaccination for travellers – new evidence and recommendations

Therapeutische Umschau ◽

10.1024/0040-5930.58.6.362 ◽

2001 ◽

Vol 58 (6) ◽

pp. 362-366 ◽

Cited By ~ 2

Author(s):

Matius P. Stürchler ◽

R. P. Steffen

Keyword(s):

Hepatitis B ◽

Hepatitis A ◽

New Evidence

Impfungen sind einfache und effektive Maßnahmen zur Verhinderung von Reisekrankheiten. Compliance-Probleme sind gering, da alle Impfungen noch vor Abreise verabreicht werden und bei manchen Impfungen nur eine Dosis für den zuverlässigen Schutz nötig ist. Für jeden Reisenden sind die Hepatitis A- und die Diphtherie-Tetanus-Impfung empfohlen, für Asien und Afrika auch die Polioimpfung. Bei Reisen >30 Tagen, jüngeren Personen und Reisenden mit Risikoverhalten sollte immer auch eine Hepatitis B-Impfung, eventuell als Kombination mit Hepatitis A in Betracht gezogen werden. Je nach Reisestil, -destination und -dauer können auch weitere Impfungen wie z.B. die Typhus-, Tollwut-, Zeckenenzephalitis-, Grippe-, Masern-Mumps-Röteln-, Gelbfieber-, Meningokokkenmeningitis- und die Japanische Enzephalitis-Impfung in Frage kommen. Mehrere Impfungen können gleichzeitig verabreicht werden – eine Staffelung ist nicht nötig. i BAG Supplementum VI, Stand Juli 2000 «Impfungen für Auslandreisende»; http://www.admin.ch/bag/infekt/prev/reisemed/index.htm; Safetravel http://www.safetravel.ch; Tropimed

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