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008171110s1989    onc    |o    f|0| 0 eng d
040 |aCaOODSP|beng
043 |an-cn---
0861 |aCS11-0019/21E-PDF
1001 |aRobb, A. Leslie, |d1943-
24510|aConsumption, income and retirement |h[electronic resource] / |cby A.L. Robb and J.B. Burbridge.
260 |a[Ottawa] : |bStatistics Canada, |c1989.
300 |a[68] p.
4900 |aResearch paper series ; |vno. 21
500 |aIssued also in French under title: Consommation, revenus et retraite.
500 |aDigitized edition from print [produced by Statistics Canada].
504 |aIncludes bibliographic references.
520 |a"We use unpublished Canadian Family Expenditure Survey data on individuals for the years 1969 to 1982 to estimate consumption and income age-profiles for married-couple families, paying attention to the transition between work and retirement. The common presumptions of numerical-simulation life-cycle models - upward-slopling consumption-age profiles and dissaving in retirement - are not supported. There is some evidence that the consumption of certain (blue-collar) households declines discontinuously near retirement, which casts doubt upon the frequently-encountered assumption that the marginal utility of consumption is independent of the quantity of leisure consumed. In addition, the paper shows that the uncertain lifetime model can rationalize the empirical results and may therefore be a more suitable vehicle for policy simulations."--Abstract.
69207|2gccst|aConsumerism
69207|2gccst|aIncome
69207|2gccst|aRetirement
7001 |aBurbridge, J. B.
7102 |aStatistics Canada. |bAnalytical Studies Branch.
77508|tConsommation, revenus et retraite |w(CaOODSP)9.846966
830#0|aResearch paper series (Statistics Canada. Analytical Studies Branch)|vno. 21|w(CaOODSP)9.504421
85640|qPDF|s5.64 MB|uhttps://publications.gc.ca/collections/collection_2017/statcan/11f0019m/CS11-0019-21-eng.pdf