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Savings, Portfolio Choice, and Retirement Expectations (PDF)
University of Michigan Retirement Research Center [MRRC]
May 26, 2006 24 pages. Excerpt: Studying household investment behavior is essential for understanding the full consequences of old age social security benefits. Using data from six waves of the Health and Retirement Study, we analyze the dynamics of portfolio composition before respondents start claiming social security benefits. We consider ownership as well as amounts held of several types of assets and debts. MORE >> |
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