| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7409 |
| DP7409 Gender and Banking: Are Women Better Loan Officers? | |
| Thorsten Beck; Patrick Behr; Andre Güttler | |
| 发表日期 | 2009-08-09 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | We estimate the portfolio effect of changes in social security wealth exploiting a decade of Italian pension reforms as a source of exogenous variation. The Italian Survey of Household Income and Wealth records detailed portfolio data and elicits expectations of retirement outcomes, thus allowing us to measure the expected social security wealth and to assess to what extent Italian households perceive the innovations brought about by the reforms. We find that households have responded to the cut in pension benefits mostly by increasing real estate wealth, and that the response is stronger among households that are able to estimate more accurately future social security benefits. We also compute that for the average household consumable wealth increases by 40 percent of the reduction in social security wealth. |
| 主题 | Financial Economics |
| 关键词 | Pension reform Portfolio choice Retirement saving |
| URL | https://cepr.org/publications/dp7409 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536244 |
| 推荐引用方式 GB/T 7714 | Thorsten Beck,Patrick Behr,Andre Güttler. DP7409 Gender and Banking: Are Women Better Loan Officers?. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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