endogenous firing as well as a short-time work decision. In recessions, short-time work reduces the unemployment risk of workers …, which mitigates their precautionary savings motive and aggregate demand falls by less. Using a quantitative model analysis …

propensity to save of married couples, consistent with a rise in precautionary savings interpretation. An increase in the risk of …We analyze the impact of an increase in the risk of divorce on the saving behaviour of married couples. From a … experience a significant increase in the expected risk of divorce (such as very religious families, or single individuals). Our …

a buffer-stock savings model and show that rising income uncertainty and pension reforms lead younger and older … household savings rate and the U-shaped age-profile of savings. -- China ; household savings ; income uncertainty ; pension … reforms ; buffer-stock savings …

study household savings and expenditure adjustment from an unexpected, large-scale and rapidly evolving political shock that … uncertainty resulted in significant temporary increases in savings among urban households in China. Households responded mainly by … empirical studies of precautionary savings such as self-selection and life-cycle effects. …

through 2001, we analyse the impact of wealth, savings, and debt position on job exit rates. We find evidence for a positive …

-migrant. Although migrants lose their original social networks whilst overseas, savings and human capital accumulation acquired abroad … entrepreneurs for returnees but matter for non-migrants. -- Social capital ; entrepreneurship ; selection ; savings …