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Since the beginnings of the eighties house prices in the Netherlands haveincreased steadily and considerably. In this paper we study the effect of this developmenton the demand for second mortgages and on the savings of Dutch households. We use the dataof the Dutch socio-economic panel for the...
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This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …
Persistent link: https://www.econbiz.de/10010331050
In this paper, we present data on recent trends in private consumption and in possible determinants of private … consumption (such as GDP, household incomes, household saving rates, household wealth, and employment conditions) in the Group of … consumption growth rates but also in the determinants of private consumption growth during the 2002-07 period. With respect to …
Persistent link: https://www.econbiz.de/10010332369
In this paper, I survey the previous literature on the saving behavior of the aged in Japan and then present some survey data on the saving behavior of the aged in Japan that became available recently. To summarize the main findings of this paper, all previous studies as well as the newly...
Persistent link: https://www.econbiz.de/10010332389
, increases in consumption expenditures, and increases in taxes and social insurance premiums. These findings are consistent with …
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realizations is front loaded, a closed form aggregate consumption function with CRRA preferences is derived. To have a closed form … life-time wealth and then the optimal consumption path. The derived model captures precautionary saving, which is dependent ….S. consumption data. …
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recent substantial rise (2008-2011) can be interpreted using a parsimonious 'buffer stock' model of consumption in the …
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