of religious behaviour towards "Theoi" in the laboratory. The theory we test is that, when faced with uncertainty …, individuals attempt to engage in a reciprocal contract with the source of uncertainty by sacrificing towards it. In our … uncertainty is lower. The findings imply that under circumstances of high uncertainty people are willing to sacrifice large …

stochastic simulation of consumption choices in a nonstationarity environment is used to show the robustness of the method for …

China's household saving rate has increased markedly since the mid-1990s and the age-saving profile has become U …-shaped. Using a panel of urban Chinese households covering 1989-2006, we document a sharp increase in income uncertainty. While the … a buffer-stock savings model and show that rising income uncertainty and pension reforms lead younger and older …

income hypothesis and theories of precautionary saving, a one standard deviation increase in the uncertainty of remittance … uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households …, while accounting for the level of transfers from family abroad. We find that both the level and the uncertainty of …

Despite macroeconomic evidence pointing to a negative aggregate consumption response due to political uncertainty, few … papers have used microeconomic panel data to analyze how households adjust their consumption after an uncertainty shock. We … uncertainty resulted in significant temporary increases in savings among urban households in China. Households responded mainly by …

We analyze the impact of an increase in the risk of divorce on the saving behaviour of married couples. From a … in 1996 as an exogenous increase in the likelihood of marital dissolution. We analyze the saving behaviour over time of …