Precautionary saving and subjective earnings variance

被引：65

作者：

Lusardi, A ^{[1
]}

机构：

[1] Dartmouth Coll, Dept Econ, Hanover, NH 03755 USA

来源：

ECONOMICS LETTERS | 1997年 / 57卷 / 03期

关键词：

precautionary saving; risk; job security; wealth accumulation;

D O I：

10.1016/S0165-1765(97)00239-5

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper, I examine a model of precautionary saving and I show that the fact that people may insure against income risk makes it difficult to evaluate the extent of precautionary accumulation by simply looking at the relationship between wealth and earnings variance. I also argue that occupations may represent a bad proxy for income risk. (C) 1997 Elsevier Science S.A.

引用

页码：319 / 326

页数：8

共 12 条

[1]

BRANDOLINI A, 1994, SAVING ACCUMULATION, P369, DOI DOI 10.1017/CBO9780511664557.015

[2]

Browning M, 1996, J ECON LIT, V34, P1797

[3]

CARROLL C, 1995, NBER WORKING PAPER, V5194

[4]

CARROLL CD, 1992, BROOKINGS PAPERS EC, V2, P61