Consumption, Retirement and Life-cycle Prices: Evidence From Spain.

Consumption, Retirement and Life-cycle Prices: Evidence From Spain.

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Evidence from several countries reveals a substantial drop in household consumption around retirement age that some researchers believe is difficult to reconcile with standard life-cycle models. Using detailed expenditure data from a Spanish panel survey, we find no evidence of a consumption-retire...

Полное описание

Библиографические подробности
Главные авторы:	Sevilla-Sanz, A, Luengo-Prado, M
Формат:	Working paper
Язык:	English
Опубликовано:	Department of Economics (University of Oxford) 2010

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