Liberda, Zofia Barbara; Górecki, Brunon; Pęczkowski, Marek - In: Ekonomia journal 14 (2004)
The paper analyses the impact of income uncertainty on household saving. Using a panel of Polish households for 1997-2000 we decompose uncertainty of household income into a variance of shocks to permanent income and a variance of shocks to transitory income. Then we regress households' savings...