Abstract
Israeli micro and macro data indicate that consumption smoothing is limited and thus pension savings increase private and national savings. Since private savings rates are, to a great extent, unequal across different income groups, saving is almost exclusively concentrated in the upper two quintiles.
| Original language | English |
|---|---|
| Pages (from-to) | 761-774 |
| Number of pages | 14 |
| Journal | Applied Economics |
| Volume | 31 |
| Issue number | 6 |
| DOIs | |
| State | Published - 1 Jan 1999 |
ASJC Scopus subject areas
- Economics and Econometrics
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