Showing 1 - 10 of 17
savings. In line with life-cycle theory, we found that longevity increases saving ratios. …
Persistent link: https://www.econbiz.de/10010779372
stock of tangible capital supported by actual past domestic saving, relative to the actual stock of capital. We use the …
Persistent link: https://www.econbiz.de/10010536302
SAVING DOES NOT EQUAL INVESTMENT John Maynard Keynes confused economists and politicians all over the world when he … wrote, “Saving is necessary to equal investment” together with a few equations to confirm his idea and finally concluding … that S = I. There have been repeated discussions about how saving can equal investment, accidentally or with certainty. We …
Persistent link: https://www.econbiz.de/10005126256
tangible capital supported by actual past national saving, relative to the actual stock of capital. We use the constructed …
Persistent link: https://www.econbiz.de/10011130643
correlation between the return on housing investment and consumption not only implies positive relationship between the portfolio … share of housing investment and excess return but also renders the housing wealth inappropriate in consumption smoothing. We …A house is generally considered as a 'roof over one's head', however, housing can be regarded as an investment or asset …
Persistent link: https://www.econbiz.de/10005076712
have an incentive to signal that he is in great need by saving more than he otherwise would have done. …
Persistent link: https://www.econbiz.de/10005077070
Existing findings suggest that standard, frictionless, expected-utility models have difficulty accounting for average and for median holdings of wealth and of risky assets, partly as a result of the largely unexplained limited proportion of stockholders among households. We analyze life-cycle...
Persistent link: https://www.econbiz.de/10005126171
I explore the dynamics in overlapping generations models with pure exchange and lump-sum taxes, when the second period after tax endowment is negative, and contrast the characteristics of equilibria to those of models with positive after tax endowments. In particular, if the intertemporal...
Persistent link: https://www.econbiz.de/10005126457
sources of this capital? We are talking about household saving, now. In the relation with the development of rural industries … there is a need to explore the behavior of this kind of saving in order to increase the role of rural financial institutions … saving more in the non-bank financial institution than in the banking institution, included the Village Units of Bank Rakyat …
Persistent link: https://www.econbiz.de/10005134832
Persistent link: https://www.econbiz.de/10005423355