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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...
Persistent link: https://www.econbiz.de/10011338726
Persistent link: https://www.econbiz.de/10012612472
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...
Persistent link: https://www.econbiz.de/10011595522
Persistent link: https://www.econbiz.de/10001439044
Persistent link: https://www.econbiz.de/10000991468
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...
Persistent link: https://www.econbiz.de/10011372241
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...
Persistent link: https://www.econbiz.de/10011818843