Search Results - subject:"income uncertainty"

Unemployment and Portfolio Choice: Does Persistence Matter?

Bremus, Franziska M.; Kuzin, Vladimir N. - 2010

We use a realistically calibrated life cycle model of consumption and portfolio choice to study the effects of social security on the investment decisions of households for the European case. Our model is mainly based on the one developed by Cocco, Gomes and Maenhout (2005). We extend it by...

Persistent link: https://www.econbiz.de/10010274543

Income uncertaintyand household savings in China

Chamon, Marcos; Liu, Kai; Prasad, Eswar - 2010

-shaped. Using a panel of urban Chinese households covering 1989-2006, we document a sharp increase in income uncertainty. While the … a buffer-stock savings model and show that rising income uncertainty and pension reforms lead younger and older …

Persistent link: https://www.econbiz.de/10010278441

Household savings decision and income uncertainty

Beznoska, Martin; Ochmann, Richard - 2010

This paper empirically investigates the effects of changes in the interest rate as well as transitory income … uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the … significant effects of precautionary savings on the consumption-savings decision. As a result of a doubling of transitory income …

Persistent link: https://www.econbiz.de/10010285757

Unemployment and portfolio choice : does persistence matter?

Kuzin, Vladimir; Bremus, Franziska - 2010

We use a life-cycle model of consumption and portfolio choice to study the effects of social security on the investment decisions of households for the European case. Our model is mainly based on the one developed by Cocco, Gomes, and Maenhout (2005). We extend it by unemployment risk using...

Persistent link: https://www.econbiz.de/10011389307

Income Uncertainty and Household Savings in China

Chamon, Marcos; Liu, Kai; Prasad, Eswar - Institute for the Study of Labor (IZA) - 2010

Persistent link: https://www.econbiz.de/10008742952

Household Savings Decision and Income Uncertainty

Beznoska, Martin; Ochmann, Richard - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

Persistent link: https://www.econbiz.de/10008490411

Unemployment and Portfolio Choice: Does Persistence Matter?

Kuzin, Vladimir; Bremus, Franziska - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

Persistent link: https://www.econbiz.de/10010661267

Unemployment and Portfolio Choice: Does Persistence Matter?

Kuzin, Vladimir; Bremus, Franziska - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

Persistent link: https://www.econbiz.de/10010818213

Unemployment and Portfolio Choice: Does Persistence Matter?

Kuzin, Vladimir; Bremus, Franziska - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

We use a life cycle model of consumption and portfolio choice to study the effects of social security on the investment decisions of households for the European case. Our model is mainly based on the one developed by Cocco, Gomes, and Maenhout (2005). We extend it by unemployment risk using...

Persistent link: https://www.econbiz.de/10008583477

Risk, uncertainty and consumption-smoothing mechanisms : evidence from Thai household socio-economic panel data

Sirisankanan, Aeggarchat - In: Journal of Southeast Asian economies 32 (2015) 1, pp. 163-179

Persistent link: https://www.econbiz.de/10010528880