Retirement Consumption Puzzle in Malaysia: Evidence from Bayesian Quantile Regression Model
المؤلفون المشاركون
Alaudin, Ros Idayuwati
Ismail, Noriszura
Isa, Zaidi
المصدر
Journal of Probability and Statistics
العدد
المجلد 2019، العدد 2019 (31 ديسمبر/كانون الأول 2019)، ص ص. 1-8، 8ص.
الناشر
Hindawi Publishing Corporation
تاريخ النشر
2019-01-01
دولة النشر
مصر
عدد الصفحات
8
التخصصات الرئيسية
الملخص EN
The objective of this study is to use the Bayesian quantile regression for studying the retirement consumption puzzle, which is defined as the drop in consumption upon retirement, using the cross-sectional data of the Malaysian Household Expenditure Survey (HES) 2009/2010.
Three different measures of consumption, namely, total expenditure, work-related expenditure, and nonwork-related expenditure, are suggested for studying the retirement consumption puzzle.
The results show that the drop in consumption upon retirement is significant and has a regressive distributional effect as indicated by larger drops at lower percentiles and smaller drops at higher percentiles.
The smaller drops among higher consumption retirees (or higher income retirees) may imply that they have more savings and/or retirement benefits than the smaller consumption retirees (or lower income retirees).
Comparison between the three types of consumption shows that the work-related expenditure has a uniform drop across the distribution.
The drop under the nonwork-related expenditure varies across the distribution, implying that it is the source behind the variation of the consumption drop.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Alaudin, Ros Idayuwati& Ismail, Noriszura& Isa, Zaidi. 2019. Retirement Consumption Puzzle in Malaysia: Evidence from Bayesian Quantile Regression Model. Journal of Probability and Statistics،Vol. 2019, no. 2019, pp.1-8.
https://search.emarefa.net/detail/BIM-1186844
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Alaudin, Ros Idayuwati…[et al.]. Retirement Consumption Puzzle in Malaysia: Evidence from Bayesian Quantile Regression Model. Journal of Probability and Statistics No. 2019 (2019), pp.1-8.
https://search.emarefa.net/detail/BIM-1186844
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Alaudin, Ros Idayuwati& Ismail, Noriszura& Isa, Zaidi. Retirement Consumption Puzzle in Malaysia: Evidence from Bayesian Quantile Regression Model. Journal of Probability and Statistics. 2019. Vol. 2019, no. 2019, pp.1-8.
https://search.emarefa.net/detail/BIM-1186844
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references
رقم السجل
BIM-1186844
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر