Showing 1 - 10 of 1,819
Persistent link: https://www.econbiz.de/10011484257
Persistent link: https://www.econbiz.de/10012123435
Persistent link: https://www.econbiz.de/10014422674
Persistent link: https://www.econbiz.de/10011502290
Persistent link: https://www.econbiz.de/10011777050
Persistent link: https://www.econbiz.de/10012243856
Persistent link: https://www.econbiz.de/10012584710
Persistent link: https://www.econbiz.de/10008673745
While paying careful attention to the stochastic properties of income process, this paper tests the joint rational expectation and permanent income hypothesis (RE/PIH) to clarify how and to what degree financial integration delinks national income and consumption. It is shown that both the OECD...
Persistent link: https://www.econbiz.de/10010729768
variable approach on farm-level data. Results indicate that precautionary saving is a powerful determinant of wealth … accumulation among U.S. farm households. Precautionary savings account for 53% of total wealth accumulation in general. Our results … indicate an age-wealth profile that is consistent with the life-cycle hypothesis. The share of precautionary saving in total …
Persistent link: https://www.econbiz.de/10010616590