Consumption and Saving Across the Life Cycle

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Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.:/5 (325 download)

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Book Synopsis Consumption and Saving Across the Life Cycle by : Benjamin R. Page

Download or read book Consumption and Saving Across the Life Cycle written by Benjamin R. Page and published by . This book was released on 1995 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

National Saving and Economic Performance

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Publisher : University of Chicago Press
ISBN 13 : 9780226044040
Total Pages : 408 pages
Book Rating : 4.0/5 (44 download)

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Book Synopsis National Saving and Economic Performance by : B. Douglas Bernheim

Download or read book National Saving and Economic Performance written by B. Douglas Bernheim and published by University of Chicago Press. This book was released on 1991-05 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: "... Papers presented at a conference held at the Stouffer Wailea Hotel, Maui, Hawaii, January 6-7, 1989. ... part of the Research on Taxation program of the National Bureau of Economic Research." -- p. ix.

Weekly Weather and Crop Bulletin

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis Weekly Weather and Crop Bulletin by :

Download or read book Weekly Weather and Crop Bulletin written by and published by . This book was released on 1994 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Consumption Over the Life Cycle

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Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Consumption Over the Life Cycle by : Pierre-Olivier Gourinchas

Download or read book Consumption Over the Life Cycle written by Pierre-Olivier Gourinchas and published by . This book was released on 1999 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper employs a synthetic cohort technique and Consumer Expenditure Survey data to construct average age-profiles of consumption and income over the working lives of typical households across different education and occupation groups. Using these profiles, we estimate a structural model of optimal life-cycle consumption expenditures in the presence of realistic labor income uncertainty. The model fits the profiles quite well. In addition to providing tight estimates of the discount rate and risk aversion, we find that consumer behavior changes strikingly over the life-cycle. Young consumers behave as buffer-stock agents. Around age 40, the typical household starts accumulating liquid assets for retirement, and its behavior mimics more closely that of a certainty equivalent consumer. This change in behavior is mostly driven by the life-cycle profile of expected income. Our methodology provides a natural decomposition of saving into its precautionary and retirement components.

Household Saving and Full Consumption Over the Life Cycle

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Household Saving and Full Consumption Over the Life Cycle by : Patricia F. Apps

Download or read book Household Saving and Full Consumption Over the Life Cycle written by Patricia F. Apps and published by . This book was released on 2004 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper extends the standard model of life cycle consumption, saving and labor supply in a number of directions. First, it argues that consumption should be defined as expenditure on household production as well as on market goods, that is, we are interested in life cycle profiles of full consumption. If this is done, several well-known puzzles concerning life cycle consumption behaviour are resolved. Secondly, we stress the importance of the heterogeneity of household behaviour in respect of female labour supply and saving, and provide evidence to show that these are very closely related across households. Finally, we formulate theoretical and empirical models incorporating these ideas and use them to show that policy changes, such as a reduction in the progressivity of income taxation, can have effects that contrast sharply with those suggested in the existing literature.

The Economic Lifecycle, Gender and Intergenerational Support

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Publisher : Springer
ISBN 13 : 3319626698
Total Pages : 98 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis The Economic Lifecycle, Gender and Intergenerational Support by : Marina Zannella

Download or read book The Economic Lifecycle, Gender and Intergenerational Support written by Marina Zannella and published by Springer. This book was released on 2017-07-28 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines economic transfers across generations and genders from a European perspective. It addresses key challenges that contemporary societies face in regards to ageing, welfare sustainability, and intergenerational and gender equity. Coverage also offers important insights into an often invisible side of the economy, namely the contribution of women who because of the gender contract largely engage in unpaid work in the household. The book presents a detailed analysis of resource reallocation across population members in Italy, which encompasses the age and the gender perspective, the public and the private sector, and the market and non-market dimensions of the Italian economy. This innovative and comprehensive case study presents valuable information on how intergenerational obligations are split between the family and the state. The author also explores the possible economic consequences of future ageing by using demographic projections and estimated age profiles of production and consumption. By incorporating services originating from unpaid work in its analysis, this monograph corrects the traditional under-evaluation of the ways homemakers contribute to the economy and offers an important addition to studies on generational economy, the National Transfer Accounts project in particular. The methods presented inside, though using data specific to Italy, are relevant for all European countries and will appeal to readers with an interest in welfare studies and policies.

Life-Cycle Savings and Public Policy

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Publisher : Elsevier
ISBN 13 : 0080510175
Total Pages : 415 pages
Book Rating : 4.0/5 (85 download)

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Book Synopsis Life-Cycle Savings and Public Policy by : Axel Borsch-Supan

Download or read book Life-Cycle Savings and Public Policy written by Axel Borsch-Supan and published by Elsevier. This book was released on 2003-01-09 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life-Cycle Savings and Public Policy examines data on many households from a number of different countries. The hope is that through these observations we can learn about the ways policies affect savings, and that other differences among savers can be controlled for, instead of being blamed on cultural differences. This book features a consistent framework among chapters. It reaches a harmony between measurement and analysis to compare accurately the resulting data and statistics. It provides econometric methodology to reveal the way policies affect savings. The book features data on household savings in Germany, Italy, Japan, the Netherlands, the U.K., and the U.S. This book is recommended reading for anyone interested in saving, social insurance policy, or capital formation. - Features a consistent framework among chapters - Reaches a harmony between measurement and analysis to compare accurately the resulting data and statistics - Provides econometric methodology to reveal the way policies affect savings

Saving Across the World

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Publisher : World Bank Publications
ISBN 13 : 9780821338520
Total Pages : 184 pages
Book Rating : 4.3/5 (385 download)

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Book Synopsis Saving Across the World by : Klaus Schmidt-Hebbel

Download or read book Saving Across the World written by Klaus Schmidt-Hebbel and published by World Bank Publications. This book was released on 1997-01-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Technical Paper No. 349. The Bank's approach to water resources development has shifted from one of construction activities to one of improved management quality, creating a new generation of water-related projects and the need for new evaluation procedures. This paper addresses the methodology for economic evaluation of this new group of projects and draws on the experience of the recently approved Mexico Water Resources Management project.

Housing Taxation and Capital Accumulation

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Publisher : London : Department of Economics, University of Western Ontario
ISBN 13 : 9780771421037
Total Pages : 39 pages
Book Rating : 4.4/5 (21 download)

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Book Synopsis Housing Taxation and Capital Accumulation by : Martin Gervais

Download or read book Housing Taxation and Capital Accumulation written by Martin Gervais and published by London : Department of Economics, University of Western Ontario. This book was released on 1998 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Shocks, Stocks and Socks

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Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Shocks, Stocks and Socks by : Martin Browning

Download or read book Shocks, Stocks and Socks written by Martin Browning and published by . This book was released on 1999 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of the Life Cycle Applied to Consumption and Saving

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis The Theory of the Life Cycle Applied to Consumption and Saving by : Elena Ana Mosneanu Roxana Tatiana Tudor Mihaela Adina Mateescu

Download or read book The Theory of the Life Cycle Applied to Consumption and Saving written by Elena Ana Mosneanu Roxana Tatiana Tudor Mihaela Adina Mateescu and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The notion "life cycle" is a concept which makes its place in what and more often in economic theory; Marketing as the cycle understand major life periods Release - maturity - decline, and in macroeconomic concepts this notion lies in the explanation concepts of consumer and savings relating to population.

Encyclopedia of Gerontology and Population Aging

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Publisher : Springer
ISBN 13 : 9783030220082
Total Pages : 5507 pages
Book Rating : 4.2/5 (2 download)

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Book Synopsis Encyclopedia of Gerontology and Population Aging by : Danan Gu

Download or read book Encyclopedia of Gerontology and Population Aging written by Danan Gu and published by Springer. This book was released on 2021-11-03 with total page 5507 pages. Available in PDF, EPUB and Kindle. Book excerpt: This eight-volume encyclopedia brings together a comprehensive collection of work highlighting established research and emerging science in all relevant disciplines in gerontology and population aging. It covers the breadth of the field, gives readers access to all major sub-fields, and illustrates their interconnectedness with other disciplines. With more than 1300 cross-disciplinary contributors—including anthropologists, biologists, economists, psychiatrists, public policy experts, sociologists, and others—the encyclopedia delves deep into key areas of gerontology and population aging such as ageism, biodemography, disablement, longevity, long-term care, and much more. Paying careful attention to empirical research and literature from around the globe, the encyclopedia is of interest to a wide audience that includes researchers, teachers and students, policy makers, (non)governmental agencies, public health practitioners, business planners, and many other individuals and organizations.

Understanding Consumption

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Publisher : Oxford University Press
ISBN 13 : 9780198288244
Total Pages : 260 pages
Book Rating : 4.2/5 (882 download)

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Book Synopsis Understanding Consumption by : Angus Deaton

Download or read book Understanding Consumption written by Angus Deaton and published by Oxford University Press. This book was released on 1992 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: An overview of the saving and consumption patterns of households

Life Cycle Saving and Dissaving Revisited Across Three-tiered Income Groups

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (116 download)

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Book Synopsis Life Cycle Saving and Dissaving Revisited Across Three-tiered Income Groups by : Robert Holzmann

Download or read book Life Cycle Saving and Dissaving Revisited Across Three-tiered Income Groups written by Robert Holzmann and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The lifecycle approach is the workhorse to model saving decisions of individuals. It conjectures individuals preferring a constant consumption stream across their lifecycle saving till retirement and dis-saving thereafter. The reality is often at odd with this assumption giving rise to our conjectured three-tier life-cycle model by income groups. The low-income tier does little saving and in consequence little dissaving; the high-income tier does save during active life and profits often from bequests, but no dissaving is taking place unless hit by a major shock; only the middle tier behaves broadly as predicted. The drivers for such a differentiated behavior are conjectured to be threefold: External settings such as a multitude of shocks; preferences deviations such a behavioral bias, and institutional settings and interventions, such as minimum income provisions. The paper outlines these corresponding hypotheses, presents some first conceptual and empirical support, and reviews the international literature on the conjectured drivers. The review of international literature does not shatter our conjecture of a broadly three-tiered and reframed applicability of the life cycle model but offers some first precisions and wrinkles. The paper proposes next conceptual and empirical steps, including enriching existing wealth distribution estimates at retirement with sound estimates of social insurance wealth (pension and health), focused hypothesis testing of the key drivers with household panel data, and formulating policy responses if the new hypotheses are not rejected.

Proceedings of the Conference on Consumption and Saving, Volumes 1 and 2

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Publisher : University of Pennsylvania Press
ISBN 13 : 1512818445
Total Pages : 1010 pages
Book Rating : 4.5/5 (128 download)

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Book Synopsis Proceedings of the Conference on Consumption and Saving, Volumes 1 and 2 by : Irwin Friend

Download or read book Proceedings of the Conference on Consumption and Saving, Volumes 1 and 2 written by Irwin Friend and published by University of Pennsylvania Press. This book was released on 2017-01-19 with total page 1010 pages. Available in PDF, EPUB and Kindle. Book excerpt: These two volumes, bound together, represent the papers, comments, and rejoinders presented at the Conference on Consumption and Saving held 30-31 March 1959 at the Wharton School of Finance and Commerce at the University of Pennsylvania. The first volume is devoted to an analysis of consumption behavior with a primary focus of attention on the determinants of the major categories of consumption. The second volume is devoted to an analysis of saving behavior.

A Review of the Life Cycle Hypothesis of Consumption and Saving

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Publisher :
ISBN 13 :
Total Pages : 204 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis A Review of the Life Cycle Hypothesis of Consumption and Saving by : Carroll Frederick Shelor

Download or read book A Review of the Life Cycle Hypothesis of Consumption and Saving written by Carroll Frederick Shelor and published by . This book was released on 1976 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Allocation of Time and Goods Over the Life Cycle

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Publisher : Columbia University Press
ISBN 13 :
Total Pages : 180 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Allocation of Time and Goods Over the Life Cycle by : Gilbert R. Ghez

Download or read book The Allocation of Time and Goods Over the Life Cycle written by Gilbert R. Ghez and published by Columbia University Press. This book was released on 1975 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a belief now that family behavior over the life cycle can be analyzed by economic methods. This study deals with allocation of resources by families over time.