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the Belgian component of the Household Finance and Consumption Survey. We find that the fraction of hand … observable characteristics and marginal propensities to consume (MPCs) of the three household types We find that Belgian wealthy …
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This paper aims at examining the influence of households' demographic characteristics on their savings behavior in the … model of savings behavior. It is concluded from the analysis that the preference of savings motive differs from one country … to another. However, it is shown that education is highly ranked in all countries as the most preferred savings motive …
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