. First, it argues that consumption should be defined as expenditure on household production as well as on market goods, that … life cycle consumption behaviour are resolved. Secondly, we stress the importance of the heterogeneity of household …

international wage differentials and preferences for origin. We use a model of job search, savings and migration to show that job …

Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order … household wealth is crowded out by pensions? (2) Can linear regression analysis accurately estimate the magnitude of crowdout … results indicate that private pensions in the US crowd out less than $0.15 of household saving per dollar of pension wealth …

phases that represent the key transitions in the life cycle of a typical household. Our contention is that, given the … policy. Before children arrive, the adult members of the household have high labour supplies and plenty of leisure. The …

Life cycle savings is proposed as one explanation for much of the increase in savings and economic growth in Asia. The … association between the age composition of a nation?s population and its savings rate, observed within 16 Asian countries from … savings is exogenous. Specification tests as well as common sense imply, moreover, that lagged savings is likely to be …

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