According to the standard life cycle model, household saving rate should peak at the best working age and turn then to … decline so that households dissolve their savings after retirement. This study examines, how age and birth cohort affect the …

give birth for various reasons. Second, we construct a dynastic model of consumption and savings decisions in the presence … Shidu savings differential, while the lack of familial insurance among Shidu parents amounts to only about 10%. A different …

measure. Most of the multivariate results were consistent with hypotheses based on the institutional theory of savings, with …

The article quantifies the contributions made by different household groups to the change in the aggregate household … labour market deterioration – the findings show that certain household groups reduced their expenditure over the course of …

This paper studies the effect of changes in expected college costs on household savings, asset allocation, and stock … market participation. Using household-level data for households with children, I first find that a $1,000 increase in in …-state college tuition leads to a 1.7% higher probability of stock market participation and larger savings but does not affect the …

. Using data from the Chinese Household Income Project 1995 and 2002, I first show that the whole saving rate distribution … explained by changes in household characteristics including income. The rising urban saving rates are instead explained by …

wealth assessment methodology in 2010 led to geographic discontinuities in household exposure to wealth taxes, along both the … imply that income effects may dominate substitution effects in household responses to rate of return shocks, which has …

time the policy released a substantial amount of savings from an early retirement scheme that were locked in the scheme …

to estimate effects of exposure to financially literate neighbors on household financial behavior. The paper contributes …