The assessment: household saving - issues in theory and policy
AbstractIn this assessment we discuss the issues raised by the papers in this issue of the Oxford Review of Economic Policy in the context of economic models of household consumption and saving. We also provide a discussion of what we consider to be some important areas in the current debate surrounding theories and evidence regarding saving behaviour. We highlight the differences that arise from considering partial, as opposed to general, equilibrium models, and in looking at developed, as opposed to developing countries. We also discuss current policy issues relating both to the adequacy of household saving and to the distribution of saving across households, or across asset types, as well as the need for more microdata on saving and asset holding. Copyright 2001, Oxford University Press.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Oxford Review of Economic Policy.
Volume (Year): 17 (2001)
Issue (Month): 1 (Spring)
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- Patti Fisher & Catherine Montalto, 2011. "Loss Aversion and Saving Behavior: Evidence from the 2007 U.S. Survey of Consumer Finances," Journal of Family and Economic Issues, Springer, vol. 32(1), pages 4-14, March.
- Simone Salotti, 2010.
"An appraisal of the wealth effect in the US: evidence from pseudo-panel data,"
Working Papers - Mathematical Economics
2010-06, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
- Salotti, Simone, 2010. "An appraisal of the wealth effect in the US: evidence from pseudo-panel data," MPRA Paper 27351, University Library of Munich, Germany, revised Dec 2010.
- K. Mc Morrow & W. R�ger, 2002. "EU pension reform - An overview of the debate and an empirical assessment of the main policy reform options," European Economy - Economic Papers 162, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
- Peter Lawrence, 2002.
"Household Credit and Saving: Does Policy Matter?,"
Development and Comp Systems
- John K Gibson & Grant M Scobie, 2001. "Household Saving Behaviour in New Zealand: A Cohort Analysis," Treasury Working Paper Series 01/18, New Zealand Treasury.
- Sarah Brown & Karl Taylor & Robert McNabb, 2006.
"Financial Expectations, Consumption and Saving: A Microeconomic Analysis,"
2006006, The University of Sheffield, Department of Economics, revised May 2006.
- Sarah Brown & Karl Taylor, 2006. "Financial expectations, consumption and saving: a microeconomic analysis," Fiscal Studies, Institute for Fiscal Studies, vol. 27(3), pages 313-338, August.
- Rogg, Christian, 2006. "Asset Portfolios in Africa: Evidence from Rural Ethiopia," Working Paper Series RP2006/145, World Institute for Development Economic Research (UNU-WIDER).
- Salotti, Simone, 2009. "Wealth effect in the US: evidence from brand new micro-data," MPRA Paper 17732, University Library of Munich, Germany.
- Brigitte Granville & Sushanta Mallick, 2004. "Pension reforms and saving gains in the United Kingdom," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 7(2), pages 123-136.
- Salotti, Simone, 2010. "Wealth effect in the US: evidence from the combination of two surveys," MPRA Paper 27352, University Library of Munich, Germany.
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