Nhabinde, V.C. (Vasco Correia); Schoeman, N.J. (Nicolaas Johannes)
(University of Pretoria, Department of Economics, 2008-02)
In this paper we empirically analyse the impact of retirement benefits on consumption and personal saving in South Africa using the Feldstein 1974 specification and procedure. By using a basic extended Ando-Modigliani life ...