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| Author: | Browning, M. |
| Title: | The saving behaviour of a two-person household |
| Journal: | Scandinavian Journal of Economics
2000 : JUN, VOL. 102:2, p. 235-251 |
| Index terms: | Household economics Income distribution Equilibrium analysis Pensions Social policy Theories Models |
| Language: | eng |
| Abstract: | The facts that wives are typically younger than their husbands and that women typically live longer than men imply that wives may have more incentive to save for old age than do husbands. A theoretical model of the determination of household saving and portfolio choice is introduced which takes into account differences and preferences for saving. The most important result is that the level and the composition (portfolio) of saving and the time path of consumption are dependent on the distribution of income within the household. |
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