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Entwicklung und Diskussion eines makroökonomischen Modells der Brainard-Tobin-Tradition über das Spar- und Ausgabeverhalten privater Haushalte in Entwicklungsländern. Anwendung des Modells auf die spezifische Situation in Südkorea und Herausarbeitung der Gründe, die in diesem Land während...
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BEA’s national economic statistics provide a comprehensive view of U.S. production, consumption, investment, exports and imports, and income and saving. These statistics are best known by summary measures such as gross domestic product (GDP), corporate profits, personal income and spending,...
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We contribute to the literature on saving in retirement by studying the saving behavior of retirees in Iceland, a country where health care and nursing homes ares free of charge. This removes some of the precautionary motive for saving, leaving the bequest motive and other inter-generational...
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We use administrative data for Norway to estimate an incomplete-market life-cycle model of retired singles and couples with a bequest motive, health-dependent utility, and uncertain longevity and health. We allow the parameters of the bequest utility to differ between households with and without...
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