Showing 1 - 10 of 2,792
Persistent link: https://www.econbiz.de/10001869354
a buffer-stock savings model and show that rising income uncertainty and pension reforms lead younger and older … household savings rate and the U-shaped age-profile of savings. -- China ; household savings ; income uncertainty ; pension … reforms ; buffer-stock savings …
Persistent link: https://www.econbiz.de/10009304386
propensity to save of married couples, consistent with a rise in precautionary savings interpretation. An increase in the risk of …We analyze the impact of an increase in the risk of divorce on the saving behaviour of married couples. From a … experience a significant increase in the expected risk of divorce (such as very religious families, or single individuals). Our …
Persistent link: https://www.econbiz.de/10003759771
A sizable literature has concluded that remittances impact the expenditure patterns of households. We explore how the uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households, while accounting for the level of transfers from...
Persistent link: https://www.econbiz.de/10010250041
study household savings and expenditure adjustment from an unexpected, large-scale and rapidly evolving political shock that … uncertainty resulted in significant temporary increases in savings among urban households in China. Households responded mainly by … empirical studies of precautionary savings such as self-selection and life-cycle effects. …
Persistent link: https://www.econbiz.de/10010457397
-up of a savings commitment product newly introduced to our study population. A random subset of participants was targeted …
Persistent link: https://www.econbiz.de/10015162740
Low- and middle-income countries are experiencing fast population aging and reductions in extreme poverty, increasing theoretical incentives to save for old age, but empirical evidence on household wealth accumulation over the life cycle is lacking. Using age-cohort-time decompositions on 18...
Persistent link: https://www.econbiz.de/10015394212
Time-inconsistent, present-biased agents may hold commitment assets hoping to keep their current and future present bias in check. Paternalistic governments, in an effort to help such people, routinely offer commitment machinery such as restrictions (or bans) on early withdrawals from...
Persistent link: https://www.econbiz.de/10012203129
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10013271201
This paper examines how expecting to receive an inheritance impacts household savings decisions. Life-cycle consumption … models indicate that the expectation of inheriting should reduce current savings plans for forward-thinking consumers. We … investigate how inheritance expectations shape savings behavior within the household, considering factors such as liquidity …
Persistent link: https://www.econbiz.de/10015198419