Showing 121 - 130 of 57,318
Using representative household surveys conducted in Thailand and Vietnam during the COVID-19 pandemic, we find that the …
Persistent link: https://www.econbiz.de/10014485520
The aim of this paper is to analyse precautionary saving associated with income risk over the last two decades in Spain … consumption growth. Following Banks, Blundell and Brugiavini (1999), I consider three components in the innovation to household … idiosyncratic component. The results provide evidence on the importance of precautionary motive for saving in response to income …
Persistent link: https://www.econbiz.de/10014138389
same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … personal assets. In this paper, we investigate the relationship between financial literacy and household net worth, relying on … comprehensive measures of financial knowledge designed for a special module of the DNB (De Nederlandsche Bank) Household Survey. Our …
Persistent link: https://www.econbiz.de/10013119479
same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … personal assets. In this paper, we investigate the relationship between financial literacy and household net worth, relying on … comprehensive measures of financial knowledge designed for a special module of the DNB (De Nederlandsche Bank) Household Survey. Our …
Persistent link: https://www.econbiz.de/10013120915
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 income. However, other studies use an ‘objective'...
Persistent link: https://www.econbiz.de/10013107617
Using administrative panel data from Norway, we investigate the development of household labor income, financial wealth … precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during …
Persistent link: https://www.econbiz.de/10013110265
This paper studies the determinants of Chinese households' saving. Domestic saving in China is the highest in the world … econometric analysis proceeds from the work of Modigliani and Cao (2004) that explained rising personal saving in China within the …
Persistent link: https://www.econbiz.de/10013110282
This paper investigates the co-movements of job security perceptions and household saving rates using data from the … generally accompanied by slightly lower saving which suggests that employment and fi nancial insecurity typically go hand … saving behavior is found. This behavior is of rather small economic importance and limited to households that are somewhat …
Persistent link: https://www.econbiz.de/10013088718
) psychological factors. It was concluded that income is the most significant variable for saving. Furthermore, the results suggested … psychological parameters and consumer attitude in saving experimentation …
Persistent link: https://www.econbiz.de/10013075817
From 1994 to 2006, the average household saving rate in the Philippines declined by 5.2 percentage points to about a … mere 5% of disposable income. Using data from income and expenditure survey at the household level, this paper explains why … households' consumption growth had been higher than income growth during this period. Tracing cohorts shows that saving declined …
Persistent link: https://www.econbiz.de/10013142883