Why Do the Poor Save so Little?
AbstractThe main conclusion is that the negligible proprnsity to save for the poor can be explained stasfactorily without invoking the idea that the poor discount future utility at an excessive rate.
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Bibliographic InfoPaper provided by Department of Economics, University of Birmingham in its series Discussion Papers with number 98-20.
Length: 25 pages
Date of creation: 1998
Date of revision:
Find related papers by JEL classification:
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
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