Showing 1 - 10 of 43,362
Persistent link: https://www.econbiz.de/10011318427
Persistent link: https://www.econbiz.de/10010390211
Persistent link: https://www.econbiz.de/10001251753
Persistent link: https://www.econbiz.de/10009557905
Persistent link: https://www.econbiz.de/10000935902
Persistent link: https://www.econbiz.de/10001174797
Persistent link: https://www.econbiz.de/10013462317
Persistent link: https://www.econbiz.de/10012880098
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 investment, or a ""volatility trap."" Namely, big savers...
Persistent link: https://www.econbiz.de/10014396572
Persistent link: https://www.econbiz.de/10003305745