This paper examines how labor income volatility and social security benefits influence life-cycle household portfolios …

This paper examines how labor income volatility and social security benefits can influence lifecycle household …

This paper examines how labor income volatility and social security benefits can influence lifecycle household …

on household saving, whereby growth may be correlated with climate volatility. This study conducts a dynamic panel … ensure robustness, and the Generalized Method of Moments (GMM) approach is chosen to reduce endogeneity. The estimation … results show that in rural areas, temperature volatility is positively correlated with the household saving rate, but that the …