El ahorro para la jubilación en la UEUn analisis de sus determinantes
ISSN: 1576-0162
Year of publication: 2012
Issue: 31
Pages: 111-135
Type: Article
More publications in: Revista de economía mundial
Abstract
The purpose of this paper is to analyze what factors are driving the retirement savings of the Europeans. Our evidence is based on a sample of 4.526 individuals from 8 European countries. The results show that although the percentage of savers for retirement varies widely across countries, the driving forces of the decision of saving for retirement are quite similar. Thus, this decision is positively related to the individuals� age, financial literacy, household income, employment status and saving habit.
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