Why Do the Poor Save so Little?

The main conclusion is that the negligible proprnsity to save for the poor can be explained stasfactorily without invoking the idea that the poor discount future utility at an excessive rate.

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Year of publication:	1998
Authors:	Sinclair, P.J.N.
Institutions:	Department of Economics, University of Birmingham
Subject:	SAVINGS

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Series:	Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	25 pages
Classification:	E20 - Consumption, Saving, Production, Employment, and Investment. General ; E21 - Consumption; Saving
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005738193