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(positive) impact on households' consumption (savings), even after we control for family income. We argue that people save to … inequality can strengthen the incentives of status-seeking savings by increasing the benefit of improving status and enlarging … consumption is stronger for poorer and younger people, and income inequality stimulates more education investment, which are …
Persistent link: https://www.econbiz.de/10013133561
wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households … both reduce their consumption and increase their savings in response to an exogenous decline in income. …This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During …
Persistent link: https://www.econbiz.de/10011405709
This paper estimates a household saving rate equation for India and the Republic of Korea using long-term time series … to females) has a significant impact on the household saving rate in both India and the Republic of Korea, even after … controlling for the usual suspects such as the aged and youth dependency ratios and income. It has a negative impact in India …
Persistent link: https://www.econbiz.de/10012980861
This paper estimates a household saving rate equation for India and Korea using long-term time series data for the 1975 … impact on the household saving rate in both India and Korea, even after controlling for the usual suspects such as the aged … and youth dependency ratios and income. It has a negative impact in India, where the bride's side has to pay substantial …
Persistent link: https://www.econbiz.de/10011497711
This paper estimates a household saving rate equation for India and the Republic of Korea using longterm time series … to females) has a significant impact on the household saving rate in both India and the Republic of Korea, even after … controlling for the usual suspects such as the aged and youth dependency ratios and income. It has a negative impact in India …
Persistent link: https://www.econbiz.de/10011579569
This paper estimates a household saving rate equation for India and Korea using long-term time series data for the 1975 … impact on the household saving rate in both India and Korea, even after controlling for the usual suspects such as the aged … and youth dependency ratios and income. It has a negative impact in India, where the bride's side has to pay substantial …
Persistent link: https://www.econbiz.de/10012987329
important welfare consequences: variable consumption, low resilience to shocks, and foregone profitable investments. We lay out … five sets of constraints that may hinder the adoption and effective usage of savings products and services by the poor …
Persistent link: https://www.econbiz.de/10010339591
To enhance the inflow of foreign direct investment (FDI) and ultimately to increase the economic growth, the countries have implemented a variety of financial and trade liberalization policies in the last three decades. Pakistan also initiated such type of policies. This study makes an analysis...
Persistent link: https://www.econbiz.de/10010490551