alternative measures of income uncertainty in a cross-section of households. In addition to the usual controls, risk aversion is …The saving ratio of households in Germany has increased in the past few years when the income trend was weak. This … could be due to precautionary saving. In this paper, the importance of precautionary saving against income uncertainty is …

stochastischen Einkommen eine wesentliche Determinante für die Wirkungsrichtung der Zufallseinflüsse ist. Eine Erhöhung der Ersparnis …