, while the accounting of household income from stock holdings may be skewing saving estimates. Moreover, broad measures of …

families changed notably in the three-year period. While income continued a moderate upward trend, net worth grew strongly, and … with 1995, debt repayments in 1998 accounted for a larger share of the income of the typical family with debt, and the …

growing and concentrating disproportionately among the nonwhite population. As the cost of living outpaces income and wealth …

The issue of whether higher lifetime income households save a larger fraction of their income is an important factor in … empirical methods and the Panel Study on Income Dynamics, the Survey of Consumer Finances, and the Consumer Expenditure Survey … income groups: differences in Social Security benefits, different time preference rates, non-homothetic preferences, bequest …

significant effects of age, wealth, income risk, and entry/information costs. …

This paper investigates why high income households in the United States save on average more than low income households …

This paper assesses the quantitative importance of a number of sources of income risk for household welfare and … precautionary saving. To that end I construct a lifecycle consumption model in which household income is subject to shocks … associated with disability, health, unemployment, job changes, wages, work hours, and a residual component of household income. I …