Similar Search Results

Precautionary savings by natives and immigrants in Germany

Piracha, Matloob; Zhu, Yu - 2007

This paper analyses the savings behaviour of natives and immigrants in Germany. It is argued that uncertainty about …

Persistent link: https://www.econbiz.de/10011630070

Precautionary saving and income uncertainty in Germany : new evidence from microdata

Bartzsch, Nikolaus - 2007

could be due to precautionary saving. In this paper, the importance of precautionary saving against income uncertainty is … alternative measures of income uncertainty in a cross-section of households. In addition to the usual controls, risk aversion is … about 20%. Compared with net financial wealth, housing wealth is not used as a buyer stock against income uncertainty …

Persistent link: https://www.econbiz.de/10011628826

Income changes do not influence political participation : evidence from comparative panel data

Jungkunz, Sebastian; Marx, Paul - 2021

The income gradient in political participation is a widely accepted stylized fact. This article asks how income effects on political involvement unfold over time. Using nine panel datasets from six countries, it analyzes whether income changes have short-term effects on political involvement,...

Persistent link: https://www.econbiz.de/10012520504

Quantile treatment effects of Riester participation on wealth

Ihle, Dorothee - 2017

In numerous industrialized countries the demographic change erodes the financial basis of traditional pay-as-you-go pension systems. To compensate for decreasing statutory pensions, many governments incentivize private saving by meansof subsidized retirement plans. In this context, Germany...

Persistent link: https://www.econbiz.de/10011791713

The German Socio-Economic Panel Study (SOEP) : scope, evolution and enhancements

Wagner, Gert G.; Frick, Joachim R.; Schupp, Jürgen - 2007

After the introduction in Section 2, we very briefly sketch out current theoretical and empirical developments in the social sciences. In our view, they all point in the same direction: toward the acute and increasing need for multidisciplinary longitudinal data covering a wide range of living...

Persistent link: https://www.econbiz.de/10011628618

Leisure and housing consumption after retirement : new evidence on the life-cycle hypothesis

Schreiber, Sven; Beblo, Miriam - 2016 - This version: May 2016

We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions such as those around retirement should not affect consumption. However, we first recall that given higher leisure endowments after retirement, the theory does predict a fall of...

Persistent link: https://www.econbiz.de/10011485846

Precautionary and entrepreneurial saving : new evidence from German households

Fossen, Frank M.; Rostam-Afschar, Davud - 2009

The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of precautionary wealth in various studies. However, the large estimates emerged from pooling non-entrepreneurs and entrepreneurs without controlling for heterogeneity. This paper...

Persistent link: https://www.econbiz.de/10011636261

The life-cycle hypothesis revisited : evidence on housing consumption after retirement

Beblo, Miriam; Schreiber, Sven - 2010 - This version: November 2010

According to the life-cycle theory of consumption and saving, foreseeable retirement events should not reduce consumption. Whereas some consumption expenditures may fall when goods are self-produced (given higher leisure after retirement), this argument applies especially to housing consumption...

Persistent link: https://www.econbiz.de/10008827012

The effect of health and employment risks on precautionary savings

Geyer, Johannes - 2011

future net-income risks. The uncertainty measure takes into account the interdependency of labour market status and health … specific effects. I find evidence for precautionary savings in response to the uncertainty measures. The results are robust and …

Persistent link: https://www.econbiz.de/10009389166

Older or wealthier? : the impact of age adjustments on the wealth inequality ranking of countries

Almås, Ingvild; Mogstady, Magne - 2009

Differences in individual wealth holdings are widely viewed as a driving force of economic inequality. However, as this finding relies on cross-section data, we may confuse older with wealthier. We propose a new method to adjust for age effects in cross-sections, which eliminates transitory...

Persistent link: https://www.econbiz.de/10011635021

1
2
3
4
5
6
7
8
9
10
Next
Last