In this paper we study the saving behaviour of U.S.A. households. We use micro data from the Consumer Expenditure Survey from 1982 to 1995. We employ synthetic cohort techniques to characterize the life cycle profile of saving rates and other variables of interest. In particular, we pay attention to the distinction between mandatory saving and discretionary saving. We then relate our evidence to the recent policy debate on saving incentives and their usefulness.
Household Savings in the USA
PAIELLA, Monica Pia Cecilia
2001-01-01
Abstract
In this paper we study the saving behaviour of U.S.A. households. We use micro data from the Consumer Expenditure Survey from 1982 to 1995. We employ synthetic cohort techniques to characterize the life cycle profile of saving rates and other variables of interest. In particular, we pay attention to the distinction between mandatory saving and discretionary saving. We then relate our evidence to the recent policy debate on saving incentives and their usefulness.File in questo prodotto:
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