Showing 91 - 100 of 44,941
We quantified the relative importance of the precautionary motive in determining savings. Existing empirical evidence suggests that the impact of precautionary savings is small if one uses a subjective measure of uncertainty about next year income. However, other studies use an ‘objective'...
Persistent link: https://www.econbiz.de/10013107617
Using administrative panel data from Norway, we investigate the development of household labor income, financial wealth … precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during …
Persistent link: https://www.econbiz.de/10013110265
This paper studies the determinants of Chinese households' saving. Domestic saving in China is the highest in the world … econometric analysis proceeds from the work of Modigliani and Cao (2004) that explained rising personal saving in China within the …
Persistent link: https://www.econbiz.de/10013110282
This paper investigates the co-movements of job security perceptions and household saving rates using data from the … generally accompanied by slightly lower saving which suggests that employment and fi nancial insecurity typically go hand … saving behavior is found. This behavior is of rather small economic importance and limited to households that are somewhat …
Persistent link: https://www.econbiz.de/10013088718
) psychological factors. It was concluded that income is the most significant variable for saving. Furthermore, the results suggested … psychological parameters and consumer attitude in saving experimentation …
Persistent link: https://www.econbiz.de/10013075817
From 1994 to 2006, the average household saving rate in the Philippines declined by 5.2 percentage points to about a … mere 5% of disposable income. Using data from income and expenditure survey at the household level, this paper explains why … households' consumption growth had been higher than income growth during this period. Tracing cohorts shows that saving declined …
Persistent link: https://www.econbiz.de/10013142883
In this paper we evaluate the crowd-out effects of the National Health Insurance (NHI) on household precautionary … saving in Taiwan. Our analysis differs from existing studies in two respects. First, we do not exclude the households with … negative saving which are about one sixth of the entire sample. Second, we conduct a more complete treatment effect analysis …
Persistent link: https://www.econbiz.de/10013147625
accumulate more assets to build a buffer stock of saving. We provide a new test of the hypothesis using substantial variation in … consumption we estimate the link between the probability that several household members lose their job and the wealth and … consumption of that household. We instrument the type of contract using regional variation in the amount, timing and target groups …
Persistent link: https://www.econbiz.de/10013147635
reduce saving in response to this policy intervention. We use data from the Survey of Family Income and Expenditure (SFIE) in … the true impact of the pension option on saving and consumption, we adopt a difference-in-differences (DID) approach in … this study. Our results indicate that the implementation of pension benefits in LI lowers households' saving by 8.41% (NT …
Persistent link: https://www.econbiz.de/10013066033
uncertainty, an average household increases savings by 4:4%. These effects vary by household composition and social status …
Persistent link: https://www.econbiz.de/10013138012