Showing 91 - 100 of 57,313
From 1995 to 2005, the average urban household saving rate in China rose by 8 percentage points, to about one quarter … of disposable income. We use household-level data to explain why households are postponing consumption despite rapid … profile of savings has an unusual U-shaped pattern, with saving rates being the highest among the youngest and oldest …
Persistent link: https://www.econbiz.de/10003586567
The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of precautionary wealth in various studies. However, the large estimates emerged from pooling non-entrepreneurs and entrepreneurs without controlling for heterogeneity. This paper...
Persistent link: https://www.econbiz.de/10014202213
We examine household saving in the context of a prescriptive model. Using Survey of Consumer Finances data sets in the … accuracy of reporting by the respondent. Young households are more likely to report saving than older households. Black … households are less likely to report saving than white households. Single female households are less likely to report saving than …
Persistent link: https://www.econbiz.de/10014209816
The article quantifies the contributions made by different household groups to the change in the aggregate household … saving rate in Spain between 2007 and 2016. Against the backdrop of the last crisis – heightened uncertainty and significant … labour market deterioration – the findings show that certain household groups reduced their expenditure over the course of …
Persistent link: https://www.econbiz.de/10012857805
We examine the household consumption response to fluctuations in income and uncertainty, exploiting a large panel …, both household-specific income uncertainty and local labor market uncertainty depress consumption spending. We also find …
Persistent link: https://www.econbiz.de/10012847991
. Using data from the Chinese Household Income Project 1995 and 2002, I first show that the whole saving rate distribution … heterogeneous across the distribution: while rural saving increased the most at lower percentiles, urban saving experienced a larger … shift at higher percentiles. Moreover, decomposition in the saving distribution shows that most of the increase in the rural …
Persistent link: https://www.econbiz.de/10012927444
This study investigated the effect of objective and subjective financial literacy on mortgage payment delinquency using the 2015 National Financial Capability Study dataset. A hierarchical model showed a substantial negative effect of objective literacy on delinquency, but subjective literacy...
Persistent link: https://www.econbiz.de/10012897977
This study analyzed the relation between financial knowledge and household saving behavior using the 2016 Survey of … measurements of household savings and additional analyses of the 2015 National Financial Capability Study (NFCS) dataset …
Persistent link: https://www.econbiz.de/10012914645
This paper estimates a household saving rate equation for India and the Republic of Korea using long-term time series … data for the 1975–2010 period, focusing in particular on the impact of the premarital sex ratio on the household saving … to females) has a significant impact on the household saving rate in both India and the Republic of Korea, even after …
Persistent link: https://www.econbiz.de/10012980861
This paper examines the role of culture in households' saving decisions. Exploiting the historical language borders … Household Panel which I complement with geographic and socio-economic data. I show that low- and middle-income households …
Persistent link: https://www.econbiz.de/10013002791