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workers, but may also have positive consequences on the aggregate saving rate. In addition, for Chile, it is evident that …This paper compares the saving behavior of formal and informal workers and additionally provides a socioeconomic and … financial characterization of informal workers in Chile. The paper uses the Financial Household Survey conducted by the Central …
Persistent link: https://www.econbiz.de/10011290974
consumption/saving decisions of households. Although little empirical work exists in this area, often presenting indirect evidence …, the theory is divided over the effect of family risk over saving and wealth accumulation. By using data from the Italian … model of consumption. Furthermore, we study the differential behaviour, in terms of consumption/saving choices, of couples …
Persistent link: https://www.econbiz.de/10009647430
Risk may induce precautionary saving but it can also reduce saving. The theoretical literature recognizes both …
Persistent link: https://www.econbiz.de/10011376643
We designed a commitment savings product for a Philippine bank and implemented it using a randomized control methodology. The savings product was intended for individuals who want to commit now to restrict access to their savings, and who were sophisticated enough to engage in such a mechanism....
Persistent link: https://www.econbiz.de/10011612543
This chapter is concerned with the distribution of personal wealth, which usually refers to the material assets that can be sold in the marketpace, although on occasion pension rights are also included. We summarise the available evidence on wealth distribution for a number of countries. This...
Persistent link: https://www.econbiz.de/10014024198
and 35 percent in the Newly Industrialized Economies. Aside from being generally low, saving rates in most of Africa have … saving and portfolio allocation observed in the data. …
Persistent link: https://www.econbiz.de/10005838201
provides a new explanation for the complex issue of Chinese saving using a structural vector autoregressive (SVAR) model. We … find that China's growth is positively affected by saving but has a limited effect on saving, that inequality mainly has a … negative impact on growth but has a positive impact on saving, and that inequality is a stronger factor than growth in …
Persistent link: https://www.econbiz.de/10010738018
This paper estimates a household saving rate equation for India and Korea using long-term time series data for the 1975 …-2010 period, focusing in particular on the impact of the pre-marital sex ratio on the household saving rate. To summarize the main … impact on the household saving rate in both India and Korea, even after controlling for the usual suspects such as the aged …
Persistent link: https://www.econbiz.de/10011497711
This paper estimates a household saving rate equation for India and the Republic of Korea using longterm 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/10011579569
The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioural frictions. Undersaving can have important welfare consequences: variable consumption,...
Persistent link: https://www.econbiz.de/10010339591