alternative measures of income uncertainty in a cross-section of households. In addition to the usual controls, risk aversion is …

firms largely follow the precautionary savings motive and do not seem to misappropriate their funds when shifting them …

2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married …. This implies that about 26% of precautionary savings are due to precautionary labor supply. If self-employed faced the same … wage risk as the median civil servant, their hours of work would reduce by 4%. …

2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married …. This implies that about 26% of precautionary savings are due to precautionary labor supply. If self-employed faced the same … wage risk as the median civil servant, their hours of work would reduce by 4%. …

2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married …. This implies that about 26% of precautionary savings are due to precautionary labor supply. If self-employed faced the same … wage risk as the median civil servant, their hours of work would reduce by 4%. …

alternative measures of income uncertainty in a cross-section of households. In addition to the usual controls, risk aversion is …

This paper extends the idea of using ex-ante risk measures in a model of precautionary savings by explicitly simulating … specific effects. I find evidence for precautionary savings in response to the uncertainty measures. The results are robust and …