FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W158180471> ?p ?o ?g. }

• W158180471 abstract "In this paper we show that a single variable can explain the decline in the U.S. personal saving rate from 9 percent in the early eighties to below 2 percent in 2007. This variable is health expenditure net of employer contributions to pension and health insurance funds. When we divide the amount contributed by employers into its two components, we find that the decline in pension contributions paired with the steep rise in health expenses are the main reasons behind the reduction in the saving rate. A puzzling implication of this finding is that households did not respond to these changes by increasing their pension contributions or by reducing their expenditure on other goods by a sufficient amount. To understand why, we first study the evolution of contributions to pension plans and provide evidence in support of the following two results. First, employer contributions declined because of a transition from defined benefit to defined contribution plans. Second, employees responded to the transition by increasing their contributions. But the increase was insufficient to prevent the decline in the saving rate. Finally, with the objective of explaining why households did not reduce their consumption of other goods, we provide evidence on how the rise in health expenditure was financed. Our findings indicate that it was funded by a reduction in other government expenses, by an increase in government debt, and by a rise in employer contributions to health insurance funds. The budget constraint of households was, therefore, barely affected." @default.
• W158180471 created "2016-06-24" @default.
• W158180471 creator A5035983809 @default.
• W158180471 date "2013-01-01" @default.
• W158180471 modified "2023-09-27" @default.
• W158180471 title "Explaining the Decline of the U.S. Saving Rate: the Joint Role of Health Expenditure and Employer Contributions" @default.
• W158180471 cites W2045861621 @default.
• W158180471 cites W2083579254 @default.
• W158180471 cites W2085190867 @default.
• W158180471 cites W2086101125 @default.
• W158180471 cites W2096654506 @default.
• W158180471 cites W210946695 @default.
• W158180471 cites W2140799950 @default.
• W158180471 cites W3022012798 @default.
• W158180471 cites W3121510052 @default.
• W158180471 cites W3122731331 @default.
• W158180471 cites W3123634900 @default.
• W158180471 cites W3123670251 @default.
• W158180471 cites W3124177613 @default.
• W158180471 cites W3124433512 @default.
• W158180471 cites W3124599348 @default.
• W158180471 cites W3125184571 @default.
• W158180471 cites W3125618233 @default.
• W158180471 cites W54276955 @default.
• W158180471 hasPublicationYear "2013" @default.
• W158180471 type Work @default.
• W158180471 sameAs 158180471 @default.
• W158180471 citedByCount "0" @default.
• W158180471 crossrefType "posted-content" @default.
• W158180471 hasAuthorship W158180471A5035983809 @default.
• W158180471 hasConcept C100001284 @default.
• W158180471 hasConcept C10138342 @default.
• W158180471 hasConcept C120527767 @default.
• W158180471 hasConcept C127413603 @default.
• W158180471 hasConcept C134306372 @default.
• W158180471 hasConcept C138885662 @default.
• W158180471 hasConcept C144024400 @default.
• W158180471 hasConcept C145236788 @default.
• W158180471 hasConcept C162324750 @default.
• W158180471 hasConcept C175444787 @default.
• W158180471 hasConcept C182365436 @default.
• W158180471 hasConcept C2776036281 @default.
• W158180471 hasConcept C2778137410 @default.
• W158180471 hasConcept C2780899237 @default.
• W158180471 hasConcept C30772137 @default.
• W158180471 hasConcept C33923547 @default.
• W158180471 hasConcept C36289849 @default.
• W158180471 hasConcept C41895202 @default.
• W158180471 hasConcept C4249254 @default.
• W158180471 hasConcept C556758197 @default.
• W158180471 hasConcept C78519656 @default.
• W158180471 hasConcept C8505890 @default.
• W158180471 hasConceptScore W158180471C100001284 @default.
• W158180471 hasConceptScore W158180471C10138342 @default.
• W158180471 hasConceptScore W158180471C120527767 @default.
• W158180471 hasConceptScore W158180471C127413603 @default.
• W158180471 hasConceptScore W158180471C134306372 @default.
• W158180471 hasConceptScore W158180471C138885662 @default.
• W158180471 hasConceptScore W158180471C144024400 @default.
• W158180471 hasConceptScore W158180471C145236788 @default.
• W158180471 hasConceptScore W158180471C162324750 @default.
• W158180471 hasConceptScore W158180471C175444787 @default.
• W158180471 hasConceptScore W158180471C182365436 @default.
• W158180471 hasConceptScore W158180471C2776036281 @default.
• W158180471 hasConceptScore W158180471C2778137410 @default.
• W158180471 hasConceptScore W158180471C2780899237 @default.
• W158180471 hasConceptScore W158180471C30772137 @default.
• W158180471 hasConceptScore W158180471C33923547 @default.
• W158180471 hasConceptScore W158180471C36289849 @default.
• W158180471 hasConceptScore W158180471C41895202 @default.
• W158180471 hasConceptScore W158180471C4249254 @default.
• W158180471 hasConceptScore W158180471C556758197 @default.
• W158180471 hasConceptScore W158180471C78519656 @default.
• W158180471 hasConceptScore W158180471C8505890 @default.
• W158180471 hasLocation W1581804711 @default.
• W158180471 hasOpenAccess W158180471 @default.
• W158180471 hasPrimaryLocation W1581804711 @default.
• W158180471 hasRelatedWork W1527593387 @default.
• W158180471 hasRelatedWork W1562699838 @default.
• W158180471 hasRelatedWork W2013695385 @default.
• W158180471 hasRelatedWork W2137629149 @default.
• W158180471 hasRelatedWork W2280919077 @default.
• W158180471 hasRelatedWork W2305740571 @default.
• W158180471 hasRelatedWork W2316287899 @default.
• W158180471 hasRelatedWork W2322021460 @default.
• W158180471 hasRelatedWork W2499284610 @default.
• W158180471 hasRelatedWork W2734544969 @default.
• W158180471 hasRelatedWork W2891165493 @default.
• W158180471 hasRelatedWork W2922902507 @default.
• W158180471 hasRelatedWork W3121332109 @default.
• W158180471 hasRelatedWork W3122731276 @default.
• W158180471 hasRelatedWork W3123136292 @default.
• W158180471 hasRelatedWork W3123704454 @default.
• W158180471 hasRelatedWork W3124720545 @default.
• W158180471 hasRelatedWork W3124901208 @default.
• W158180471 hasRelatedWork W3147468012 @default.
• W158180471 hasRelatedWork W62739035 @default.
• W158180471 isParatext "false" @default.
• W158180471 isRetracted "false" @default.
• W158180471 magId "158180471" @default.

• next