Economic policy uncertainty is proven to have an important effect on household consumption. However, the literature on …, is limited. In this paper, we propose two channels through which economic policy uncertainty affects household … consumption, the precautionary saving channel and the investment-employment channel. Then, we use the household survey data (China …

finds that financial literacy is positively and significantly associated with household investment choices. More … establish that agricultural ventures require a complete revamp for Tanzania to become a middle-income economy through its …

The current study investigates the impact of substantial economic fluctuations on household portfolios and analyzes how …

British Household Panel Survey (BHPS) data concludes that the bulk of risk-sharing in the UK is driven by the savings channel … and by region. We find that risk-sharing is more effective (higher) for individuals whose savings are more flexible, while … it is less effective (lower) for individuals characterized by relatively more stable savings rate (like the Scottish …

This study considers the efficacy of a tax incentivised savings scheme in context of decision making rigidities …. Analysis is based on a classical life-cycle model of savings and investment decisions, augmented with a salience cost over … participation in Individual Savings Accounts (ISAs) currently run in the UK. Calibration results indicate that salience costs help …