Showing 71 - 80 of 203,909
This study explored saving behavior among low-income households through the institutional theory of saving behavior by (1) determining asset differences between saving and non-saving households, (2) exploring factors related to saving behavior, and (3) identifying differences between two saving...
Persistent link: https://www.econbiz.de/10013097790
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
The paper presents the main results of the Eurosystem's Household Finance and Consumption Survey (HFCS) with an … reveal a mean household gross income below the euro-area average. The concentration of income in Italy is roughly positioned …
Persistent link: https://www.econbiz.de/10013082376
and household welfare. We estimate Euler equations and measure the volatility of unpredictable changes in consumption as …, and document that despite the increase in household debt between 1983 and 2007, there was no decline in the proportion of …
Persistent link: https://www.econbiz.de/10013087209
Starting in 2009, the Labor Insurance (LI) program in Taiwan has allowed workers to choose between pension old-age benefits and one-time old-age benefits. The introduction of the pension option not only mitigates longevity risk for workers but also provides a higher expected present value of...
Persistent link: https://www.econbiz.de/10013066033
indices, demand systems and household clustering, we cluster household base on homogeneity of consumption behaviors and … such as, "What the equivalent amount of money for compensative welfare loss of household is through eliminating bread … estimate linear approximate almost ideal demand systems (LA\AIDS) for different clusters in five independent groups and also …
Persistent link: https://www.econbiz.de/10013070263
We examine how energy use at the household level moves with income growth in Bangladesh. Using the 2010 wave of … Bangladesh Household Income and Expenditure Survey data, our analyses indicate a U-shaped relationship of both electricity use … and other types of energy use (combined) with household consumption. The findings imply that as income grows, households …
Persistent link: https://www.econbiz.de/10012963657
This paper examines whether relative income and income inequality within reference groups affect household consumption …. Using the explanations of consumption behavior based on Dusenberry's relative income hypothesis, we test if household … consumption levels in Turkey are affected by the household's relative position and inequality in the reference group between 2005 …
Persistent link: https://www.econbiz.de/10012835453
and saved over time, and how households' marginal propensities to consume (MPCs) vary with household characteristics and …
Persistent link: https://www.econbiz.de/10012838129
The results from the second wave of the Eurosysystem's Household Finance and Consumption Survey (HFCS) indicate that …
Persistent link: https://www.econbiz.de/10012955485