Liquidity in Retirement Savings Systems: An International Comparison
Liquidity in Retirement Savings Systems: An International Comparison
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Publisher
United States: American Economic Association
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Language
English
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Publisher
United States: American Economic Association
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Scope and Contents
Contents
We compare the liquidity that six developed countries have built into their employer-based defined contribution (DC) retirement schemes. In Germany, Singapore, and the UK, withdrawals are essentially banned no matter what kind of transitory income shock the household realizes. By contrast, in Canada and Australia, liquidity is state-contingent. For...
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Full title
Liquidity in Retirement Savings Systems: An International Comparison
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TN_cdi_pubmedcentral_primary_oai_pubmedcentral_nih_gov_4504682
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_pubmedcentral_primary_oai_pubmedcentral_nih_gov_4504682
Other Identifiers
ISSN
0002-8282
E-ISSN
1944-7981
DOI
10.1257/aer.p20151004