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Kantian optimization with quasi-hyperbolic discounting
Borissov, Kirill; Pakhnin, Mikhail; Wendner, Ronald - 2022
We consider a neoclassical growth model with quasi-hyperbolic discounting under Kantian optimization: each temporal self acts in a way that they would like every future self to act. We introduce the notion of a Kantian policy as an outcome of Kantian optimization in a given class of policies. We...
Persistent link: https://www.econbiz.de/10013255890
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Are the Japanese unique? : evidence from household saving and bequest behavior
Horioka, Charles - 2016
In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced …
Persistent link: https://www.econbiz.de/10011478422
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Does the selfish life-cycle model apply in the case of Japan?
Horioka, Charles - 2020
the age structure of the population on the saving rate, the saving behavior of retired households, saving motives, the …
Persistent link: https://www.econbiz.de/10012195738
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Why do Europeans save? : micro-evidence from the household finance and consumption survey
Horioka, Charles; Ventura, Luigi - 2024
In this paper, we analyze the saving motives of European households using micro-data from the Household Finance and … most important saving motive of European households when the proportion of households saving for each motive is used as the … criterion to rank them but that the retirement motive is the most important saving motive of European households if the …
Persistent link: https://www.econbiz.de/10015047840
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The saving rate and the upgrade of the trade commodity structure in developing countries : a dynamic H–O model under an oligopolistic market structure
Xing, Xiaobing; Xu, Jiexiang - In: The journal of international trade & economic development 23 (2014) 7/8, pp. 1145-1169
Persistent link: https://www.econbiz.de/10011308202
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A theory of the saving rate of the rich
Ma, Qingyin; Akira Toda, Alexis - In: Journal of economic theory 192 (2021), pp. 1-30
Persistent link: https://www.econbiz.de/10012805422
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Demand-driven inequality, endogenous saving rate and macroeconomic instability
Ryoo, Soon - In: Cambridge journal of economics 40 (2016) 1, pp. 201-225
Persistent link: https://www.econbiz.de/10011576996
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Transitional dynamics of the saving rate and economic growth
Brückner, Markus; Kikuchi, Tomoo; Vachadze, George - In: Macroeconomic dynamics 27 (2023) 2, pp. 482-505
Persistent link: https://www.econbiz.de/10014247536
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Kantian optimization with quasi-hyperbolic discounting
Borissov, Kirill; Pakhnin, Mikhail; Wendner, Ronald - 2022
Persistent link: https://www.econbiz.de/10013277439
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International evidence on sticky consumption growth
Carroll, Chris (contributor); Slacalek, Jirka (contributor);  … - 2008
We estimate the degree of "stickiness" in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10003778438