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household wealth, and increased uncertainty about the future are among the contributing factors. Finally, I consider whether …
Persistent link: https://www.econbiz.de/10010332277
persistent current account surpluses were due primarily to Japan's large and persistent IS imbalances (the excess of saving over …
Persistent link: https://www.econbiz.de/10011311745
We show individuals investments chase stock index returns and are financed by foregoing consumption, even after controlling for individual-account level portfolio income effects and other high dimensional fixed effects. This effect only exists for positive stock index returns with no effects for...
Persistent link: https://www.econbiz.de/10012848414
This paper investigates individuals' investment behaviour in their retirement savings surrounding milestone birthday … to make investment changes. We utilise a large Australia retirement savings fund which provides the history of investment …
Persistent link: https://www.econbiz.de/10012949647
institutions to informal saving and by promoting more diversification. However, there are considerable barriers to saving …. Knowledge and understanding of saving and investment concepts is particularly low in many countries. In addition, there are …, as well as behavioural techniques to encourage people into sound saving decisions. …
Persistent link: https://www.econbiz.de/10009684028
concerning saving and investing is crucial in reference to economic and educational policy. Changing social mentality requires … many years. What should be of high concern is a steady growth of households debt level in banks.Therefore, in the present … paper, the deliberation on the saving issue will be provided in relation to two groups: a representative sample referring to …
Persistent link: https://www.econbiz.de/10013118081
supposed to guarantee future humane pension (at an adequate level), when reaching retirement age. However, it is not going to … standpoints and behavior concerning saving and investing is crucial in reference to economic and educational policy. Changing … social mentality requires many years. What should be of high concern is a steady growth of households debt level in banks …
Persistent link: https://www.econbiz.de/10013118292
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)...
Persistent link: https://www.econbiz.de/10013080421
its transmission mechanism and on comparing the consumption response of urban and rural households, especially in China … consumption, the precautionary saving channel and the investment-employment channel. Then, we use the household survey data (China … Health and Nutrition Survey) to explore the heterogeneous effect among urban and rural households. We verify that an increase …
Persistent link: https://www.econbiz.de/10013454412
We study the effects of permanent and temporary income shocks on precautionary saving and investment in a "store …-or-sow" model of growth. High volatility of permanent shocks results in high precautionary saving in the safe asset and low … leads to low precautionary saving and high or low investment, depending on the volatility of temporary shocks. Empirical …
Persistent link: https://www.econbiz.de/10013102269