Please use this identifier to cite or link to this item: http://buratest.brunel.ac.uk/handle/2438/5134
Title: Ageing and personal retirement savings plan participation with heterogeneity in preferences: The Portuguese case
Authors: Barros, CP
Caporale, GM
Garcia, MTM
Keywords: Ageing;Saving;Personal retirement plan
Issue Date: 2007
Publisher: Brunel University
Citation: Economics and Finance Working Paper, Brunel University, 07-18
Abstract: This paper analyses the relationship between ageing and personal retirement savings plan participation in the Portuguese population, taking into account heterogeneity and endogeneity in preferences. A mixed logit model is used to analyse the determinants of retirement saving behaviour, allowing for heterogeneity and endogeneity in the responses. We find considerable heterogeneity among individuals (in terms of socio-economic variables such as age, gender and income), which must be taken into account by any policy aimed at changing retirement saving behaviour.
URI: http://bura.brunel.ac.uk/handle/2438/5134
Appears in Collections:Economics and Finance
Dept of Economics and Finance Research Papers

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