Rodepeter, Ralf - Sonderforschungsbereich 504 "Rationalitätskonzepte, …; … - 1997
A key element of houshold behavior, saving is still not satisfactorily understood. The seminal lif-cycle theory of saving by Modigliani et al has been augmented by the consideration of liquidity constraints, mortality, morbidity, income, interest, and other uncertaities, and, more recently, by...