Bartzsch, Nikolaus - In: Journal of Economics and Statistics (Jahrbuecher fuer … 228 (2008) 1, pp. 5-24
This paper uses microdata from the German Socio-Economic Panel Study (GSOEP) to analyse the importance of precautionary saving under income uncertainty. In a cross-section of households, wealth in 2002 is regressed on alternative measures of income uncertainty. In addition to the usual controls,...