Household private saving and public pensions in Germany and the United States:¿Does the life-cycle hypothesis hold?

Abstract

This paper details how ageing is affecting to private saving and public pensions. In this way, it analyses if Life-Cycle Hypothesis is carrying out for individuals about their saving behaviours and if Pension Public Systems can make them to vary. For this reason, it establishes a specifically household saving comparative for Germany and Unites States, studying also their ageing evolution and pay capacity of public pension retirement.life–cycle hypothesis, private saving, pension public system, ageing, Germany, United States