Precautionary saving: A taxonomy of prudence

dc.contributor.authorVergara, Marcos
dc.date.accessioned2017-11-14T19:48:30Z
dc.date.available2017-11-14T19:48:30Z
dc.date.issued2017
dc.description.abstractWe 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.description.versionVersión enviada
dc.format.extent8 p.
dc.identifier.citationVergara, Marcos, (2017), Precautionary saving: A taxonomy of prudence, Economics Letters, 150, issue C, p. 18-20,
dc.identifier.urihttp://hdl.handle.net/11447/1741
dc.identifier.urihttps://doi.org/10.1016/j.econlet.2016.10.029
dc.language.isoen_US
dc.sourceEconomics Letters
dc.subjectPrecautionary saving
dc.subjectGeneral prudence index
dc.subjectUtility premium
dc.titlePrecautionary saving: A taxonomy of prudence
dc.typeArtículo

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