Changes in Consumption at Retirement: Evidence from Panel Data.
Changes in Consumption at Retirement: Evidence from Panel Data.
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DOI：
10.1162/rest_a_00140
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发表时间：
2011-08
期刊：
影响因子：
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通讯作者：
Meghir C
中科院分区：
文献类型：
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作者：
Aguila E;Attanasio O;Meghir C
此前的实证文献发现，退休后头几年的消费急剧下降，这意味着个人没有为退休储蓄足够的钱。这种现象被称为退休消费之谜。使用1980至2000年的面板数据，我们没有发现退休消费谜题的证据。消费被定义为非耐久支出，这是一种比之前许多研究中只使用食物更全面的衡量标准。我们发现，食品支出在退休后下降，这与之前的研究一致。
Previous empirical literature has found a sharp decline in consumption during the first years of retirement, implying that individuals do not save enough for their retirement. This phenomenon is called the retirement consumption puzzle. We find no evidence of the retirement consumption puzzle using panel data from 1980 to 2000. Consumption is defined as nondurable expenditure, a more comprehensive measure than only food used in many of the previous studies. We find that food expenditure declines at retirement, which is consistent with previous studies.