The impact of pension schemes on saving in Israel

Yaacov Lavi, Avia Spivak

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

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 languageEnglish
Pages (from-to)761-774
Number of pages14
JournalApplied Economics
Volume31
Issue number6
DOIs
StatePublished - 1 Jan 1999

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