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Aggregate savings when individual income varies
Flodén, Martin (contributor) - 2005 - [Elektronische Ressource]
This paper examines aggregate savings in a general equilibrium model where infinitely lived households face volatile … when income is constant. This additional capital accumulation has sometimes been interpreted as precautionary savings, but … I demonstrate that it is mostly generated by permanent-income motives. -- equilibrium interest rate ; aggregate savings …
Persistent link: https://www.econbiz.de/10002679474
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Does sovereign risk differ for domestic and foreign investors? : historical evidence from Scandinavian bond markets
Waldenström, Daniel (contributor) - 2005 - [Elektronische Ressource], Rev. February 18, 2005
This paper shows that geographical investor heterogeneity strongly influences sovereign risk. While standard sovereign debt models mainly attribute the absence of sovereign defaults to foreign creditor retaliation, a new theoretical literature argues that domestic creditors also affect borrowing...
Persistent link: https://www.econbiz.de/10002577962
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Job mobility in Britain : are the scots different? : Evicence from the BHPS
Heitmueller, Axel (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001876184
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The relationship between happiness, health and socio-economic factors : results based on Swedish micro data
Gerdtham, Ulf-G.; Johannesson, Magnus - 1997
Persistent link: https://www.econbiz.de/10000976837