Showing 1 - 10 of 420
After the collapse in early transition years, saving rates in Eastern European EU-accession countries have recovered strongly. Is private saving in these countries now driven by the same forces as in the EU? A GMM estimator is applied to analyze the determinants of private saving in both country...
Persistent link: https://www.econbiz.de/10011438969
Persistent link: https://www.econbiz.de/10001227148
persistence. -- Precautionary savings ; unemployment insurance ; long-term unemployment ; income uncertainty …
Persistent link: https://www.econbiz.de/10003934763
The self-employment rate includes entrepreneurs out of opportunity and entrepreneurs out of necessity. While the effect of opportunity entrepreneurs on economic development should be positive, there should be no or a negative effect of necessity entrepreneurship. We use a geographically weighted...
Persistent link: https://www.econbiz.de/10009722294
Persistent link: https://www.econbiz.de/10003535245
In this paper we examine the role of mortgage equity withdrawal in explaining the decline of the US saving rate, since when house prices rise and mortgage rates are low, homeowners have an incentive to withdraw housing equity and this may affect the saving rate. We estimate a Vector Error...
Persistent link: https://www.econbiz.de/10009579380
Persistent link: https://www.econbiz.de/10002128045
Persistent link: https://www.econbiz.de/10012059414
Persistent link: https://www.econbiz.de/10009239368
hypothetical pensions U.S. workers would have obtained between 1911 and 1999 if they had accumulated retirement savings in … with a new system of mandatory defined-contribution private pensions. Proponents claim that private plans offer better … present in certain types of public retirement system, but a public system has one important advantage over private pensions …
Persistent link: https://www.econbiz.de/10011433577