Precautionary saving: A taxonomy of prudence
dc.contributor.author | Vergara, Marcos | |
dc.date.accessioned | 2017-11-14T19:48:30Z | |
dc.date.available | 2017-11-14T19:48:30Z | |
dc.date.issued | 2017 | |
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.description.version | Versión enviada | |
dc.format.extent | 8 p. | |
dc.identifier.citation | Vergara, Marcos, (2017), Precautionary saving: A taxonomy of prudence, Economics Letters, 150, issue C, p. 18-20, | |
dc.identifier.uri | http://hdl.handle.net/11447/1741 | |
dc.identifier.uri | https://doi.org/10.1016/j.econlet.2016.10.029 | |
dc.language.iso | en_US | |
dc.source | Economics Letters | |
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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