Showing 1 - 10 of 79
turned to Unemployment Insurance Savings Accounts (UISAs) as an alternative to traditional systems of unemployment insurance …. UISAs are schemes of individual mandatory savings. Therefore, they smooth income over an individual's life cycle rather than …
Persistent link: https://www.econbiz.de/10013128212
Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order to obtain a tractable empirical model: fixed retirement and pension claiming ages, no borrowing constraint, little or no uncertainty, and no institutional restrictions on...
Persistent link: https://www.econbiz.de/10013128568
This paper analyzes savings and asset holdings of immigrants in relation to their return plans. We argue that savings … and asset accumulation may be affected by return plans of immigrants. Further, the way savings and assets are held in the … home- and host country may also be related to future return plans. Thus, comparing savings and assets between immigrants …
Persistent link: https://www.econbiz.de/10013129924
characteristic are correlated with more job opportunities. Policy simulations ten suggest that the risk pooling and savings component …
Persistent link: https://www.econbiz.de/10013130452
In this paper, we define "The Chinese Saving Puzzle" as the persistently high national saving rate at 34-53 percent of gross domestic product (GDP) in the past three decades and a surge in the saving rate by 11 percentage points from 2000-2008. Using data from the Flow of Funds Accounts (FFA)...
Persistent link: https://www.econbiz.de/10013130462
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to eighteen years, in an incentivized experiment. We relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of health...
Persistent link: https://www.econbiz.de/10013131926
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 …
Persistent link: https://www.econbiz.de/10013135632
This paper reviews the literature on culture and economics, focusing primarily on the epidemiological approach. The epidemiological approach studies the variation in outcomes across different immigrant groups residing in the same country. Immigrants presumably differ in their cultures but share...
Persistent link: https://www.econbiz.de/10013139050
The tendency to underestimate the future value of a variable growing at a constant rate, an example of exponential growth bias, has been linked to household financial decision making. We show that exponential growth bias and standard measures of financial literacy are negatively correlated in a...
Persistent link: https://www.econbiz.de/10013122964
Using combined data from population censuses and Urban Household Surveys, we study the effects of demographic structural changes on the rise in household saving in China. Variations in fines across provinces on unauthorized births under the one-child policy and in cohort-specific fertility...
Persistent link: https://www.econbiz.de/10013096769