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Precautionary saving: A taxonomy of prudence

Show simple item record Vergara, Marcos 2017-11-14T19:48:30Z 2017-11-14T19:48:30Z 2017
dc.identifier.citation Economics Letters, vol. 150, January 2017, Pages 18-20
dc.description.abstract We extend Gunning (2010) by analyzing the effect of risk on saving. We derive a general prudence index that determines the threshold for the future risk that makes saving increase. We relate our results to the utility premium of Friedman–Savage.
dc.format.extent 8 p.
dc.language.iso en_US
dc.subject Precautionary saving
dc.subject General prudence index
dc.subject Utility premium
dc.title Precautionary saving: A taxonomy of prudence
dc.type Artículo

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