Understand the evolution of the size and allocation of household savings throughout the life cycle is of fundamental importance in the design of public policies. In this sense, durable goods expenditure cannot be ignored as it is an important form of savings with significant participation in...

With data from the Household Budget Survey of 2008-2009, the study investigates the demographic and socioeconomic determinants of saving rate of Brazilian families in the recent past. The main results are consistent with the predictions of the theory of life / permanent income cycle, properly...

The paper investigates the demographic and socioeconomic determinants of aggregate savings rate of Brazilian families in the recent past. The main results are consistent with the predictions of the theory of the cycle of life/permanent income, properly extended to incorporate institutional and...

With data from the Consumer Expenditure Survey of 2008-2209, the work assesses empirically the implications of the theory of life/permanent income for the behavior of the trajectories of consumption and savings rate of Brazilian families in the life cycle. The objective is to test the validity...

The Household Budget Survey from IBGE is the only source of microeconomic data on savings of Brazilian families. As this research has been carried out at intervals of at least five years, it is important to discuss and empirically assess whether the estimated models with latest lagged research...