Showing 1 - 10 of 3,816
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
uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the … uncertainty, an average household increases savings by 4:4%. These effects vary by household composition and social status …. -- Consumption-savings decision ; interest rate elasticity of savings ; income uncertainty …
Persistent link: https://www.econbiz.de/10009261306
uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the … 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
Persistent link: https://www.econbiz.de/10012991161
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
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 buffer stock against income uncertainty …
Persistent link: https://www.econbiz.de/10014220111
We combine particular features of the German civil service with the unique event of German reunification to test the theory of precautionary savings and to quantify the importance of self-selection into occupations due to differences in risk aversion. In the presence of self-selection, failing...
Persistent link: https://www.econbiz.de/10014065470
This paper analyses the savings behaviour of natives and immigrants in Germany. It is argued that uncertainty about … rather than cultural differences. -- migrants ; remittances ; savings ; uncertainty …
Persistent link: https://www.econbiz.de/10003784965
This article analyses the effects of individual risk aversion and time preference on cross-border mobility intentions using a theoretical and empirical model. The paper extends the previous literature by considering both cross-border commuting and migration as modes of mobility. The theoretical...
Persistent link: https://www.econbiz.de/10010406276
We document strikingly similar gender differences in financial literacy across countries. When asked to answer questions that measure knowledge of basic financial concepts, women are less likely than men to answer correctly and more likely to indicate that they do not know the answer. In...
Persistent link: https://www.econbiz.de/10013025535