Title of article :
Saving behavior of older households: Rate-of-return, precautionary and inheritance effects
Author/Authors :
Jianakoplos، نويسنده , , Nancy A.; Menchik، نويسنده , , Paul L.; Irvine، نويسنده , , Robert F. Owen، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1996
Abstract :
We estimate a model of household saving behavior using data from a panel of men nearing retirement age. We seek and find statistically significant rate-of-return, precautionary and intergenerational-transfer effects embedded within a retirement-consumption life-cycle model
Keywords :
Life-cycle saving , Rate-of-return effects on saving , Precautionary saving , inheritance
Journal title :
Economics Letters
Journal title :
Economics Letters
