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Heer, Burkhard; Süssmuth, Bernd - CESifo - 2006

We find that inflation did not unanimously decrease savings in the US during the postwar period. This result is …

Persistent link: https://www.econbiz.de/10005181527

Changes in Risk and the Demand for Saving

Eeckhoudt, Louis - 2008

How does risk affect saving? Empirical work typically examines the effects of detectible differences in risk within the data. How these differences affect saving in theoretical models depends on the metric one uses for risk. For labor-income risk, second-degree increases in risk require prudence...

Persistent link: https://www.econbiz.de/10012770441

Buffer-Stock Saving and Households' Response to Income Shocks

Fella, Giulio - 2016

We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information contained in the joint dynamics of income,...

Persistent link: https://www.econbiz.de/10012978454

Saving Alberta's Resource Revenues : Role of Intergenerational and Liquidity Funds

Van Den Bremer, Ton - 2016

below-ground wealth, complemented by additional precautionary savings at initial times to build up a small liquidity fund to …

Persistent link: https://www.econbiz.de/10012979602

Does Homeownership Promote Wealth Accumulation?

Kaas, Leo - 2016

It is well known that homeowners are richer than renters, even after controlling for observable characteristics. This is often used as an argument for policies that foster homeownership. However, the causal link between homeownership and wealth is difficult to establish due to many potential...

Persistent link: https://www.econbiz.de/10012996689

Did US Consumers 'Save for a Rainy Day' Before the Great Recession?

Anundsen, André K. - 2015

The ‘saving for a rainy day' hypothesis implies that households' saving decisions reflect that they can (rationally) predict future income declines. The empirical relevance of this hypothesis plays a key role in discussions of fiscal policy multipliers and it holds under the null that the...

Persistent link: https://www.econbiz.de/10013022495

Re-Examining the Decline in the US Saving Rate : The Impact of Mortgage Equity Withdrawal

Caporale, Guglielmo Maria - 2013

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/10013090336

Inter-Temporal Savings, Current Account Dynamics and Asymmetric Shocks in a Heterogeneous European Monetary Union

Schnabl, Gunther - 2013

In the current debate on the reasons and implications of the Greek and Irish euro crisis, the intra-European current account imbalances have gained rising attention. Whereas Greece and Ireland struggle for austerity in private and public spending, Germany is urged to reduce its current account...

Persistent link: https://www.econbiz.de/10013094029

Is Social Security Behind the Collapse of Personal Saving?

Caliendo, Frank - 2009

This paper considers the quantitative role of growth in the size of the social security program in contributing to the collapse of personal saving in the U.S. over the last few decades. Using a calibrated, general equilibrium life-cycle model this paper shows that social security may not be to...

Persistent link: https://www.econbiz.de/10013157190

Will Women Save More than Men? A Theoretical Model of Savings and Marriage

Grossbard, Shoshana Amyra - 2010

higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of … marriage and with lower savings rates in the presence of diseconomies of marriage. In the context of traditional gender roles … traditional gender roles and marital status to understanding cross-country variation in gender differentials in savings behavior …

Persistent link: https://www.econbiz.de/10013139496

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