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-income households were slightly more affected than others due to their consumption patterns. The savings rate also depends on employment …
Persistent link: https://www.econbiz.de/10011812714
the consumption level of all households who are perceived to be richer, on household savings and consumption. When …
Persistent link: https://www.econbiz.de/10010190171
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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 …
Persistent link: https://www.econbiz.de/10013117981
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 …
Persistent link: https://www.econbiz.de/10013118821
Persistent link: https://www.econbiz.de/10012991161
The saving ratio of households in Germany has increased in the past few years when the income trend was weak. This could be due to precautionary saving. In this paper, the importance of precautionary saving against income uncertainty is analyzed empirically using micro data from the German...
Persistent link: https://www.econbiz.de/10014220111