household savings rate and the U-shaped age-profile of savings …China's household saving rate has increased markedly since the mid-1990s and the age-saving profile has become U … permanent variance of household income was stable, the transitory variance rose sharply. Based on these estimates, we calibrate …

contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information …

propensity to save of married couples, consistent with a rise in precautionary savings interpretation. An increase in the risk of … savings …

-2008. Using data from the Flow of Funds Accounts (FFA) and Urban Household Surveys (UHS) supplemented by the findings from … household sectors. Although the causes of China's high saving are complex, we suggest that the evolving economic, demographic …

study household savings and expenditure adjustment from an unexpected, large-scale and rapidly evolving political shock that … papers have used microeconomic panel data to analyze how households adjust their consumption after an uncertainty shock. We …Despite macroeconomic evidence pointing to a negative aggregate consumption response due to political uncertainty, few …

stringent conditions hold. This paper shows that when the two-earner household's saving decision is formulated more generally …

the Netherlands in the period 1995 through 2001, we analyse the impact of wealth, savings, and debt position on job exit …Theoretical models predict a positive impact of the level of individual wealth on the job exit probability. Empirically … this prediction is most likely to be relevant for elderly workers who have accumulated wealth throughout their working life …

consistent with these trends. When households care about their consumption relative to others, individual saving rates decrease …

This paper studies the direct impact of households' debt on consumption over the business cycle. We use household … leverage, consumption, and asset prices. We find that debt levels exert a negative impact on consumption, which is particularly …' debt in past periods are not relevant in determining consumption; (ii) households adjust faster their consumption to debt …

Using combined data from population censuses and Urban Household Surveys, we study the effects of demographic … structural changes on the rise in household saving in China. Variations in fines across provinces on unauthorized births under … investigated in the context of household saving decisions in China …