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Precautionary saving and endogenous labor supply with and without intertemporal expected utility

Smith, William T. - ; Nocetti, Diego - ;

We analyze precautionary saving behavior in a framework with labor and nonlabor income risks, an endogenous supply of labor, and a representation of preferences that disentangles attitudes toward risk, attitudes toward intertemporal substitution, and ordinal preferences for consumption and leisure. This preference structure allows us to disentangle and to describe in an intuitive way the different forces that determine precautionary saving "in the small" and "in the large.".Printed journal


Ketersediaan

Call NumberLocationAvailable
JMCB4307PSB lt.dasar - Pascasarjana1
Penerbit: The Ohio State University
Edisi-
SubjekSavings
Labor supply
Labor economics
studies
Expected utility
ISBN/ISSN222879
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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