. We construct a novel consumption-savings model in which a consumer has a well-defined preference ordering over both …

consumption after being tested HIV positive. The paper describes different effects on aggregate savings according to different … stages of the epidemic. We show that the HIV epidemic decreases savings if especially young individuals are (perceived to be …) affected by the virus, but may increase savings if individuals perceive a sizable probability of getting infected later in life …

model which features compulsory savings accounts and transparent pricing of health services. It has achieved some of the … how tax cuts can be designed to help establish compulsory savings accounts so that a publicly funded welfare system can be … like unemployment) through the establishment of a set of compulsory savings accounts. A case study of New Zealand is used …

We quantified the relative importance of the precautionary motive in determining savings. Existing empirical evidence … suggests that the impact of precautionary savings is small if one uses a subjective measure of uncertainty about next year … variation. These studies find a large impact of precautionary savings. These contradictory results may be either suggestive of …

. We propose a novel consumption-savings model in which a consumer has a well-defined preference ordering over both …