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Income Uncertainty and Precautionary Saving: Evidence from Household Rotating Panel Data

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  • Albarran, P.

Abstract

The aim of this paper is to analyse precautionary saving associated with income risk over the last two decades in Spain; some empirical evidence seems to point to the extension of temporary job contracts in those years as an important source of uncertainty for Spanish households. I use a rotating panel, the Spanish family expenditure survey, to model income dynamics and consumption growth.

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Bibliographic Info

Paper provided by Centro de Estudios Monetarios Y Financieros- in its series Papers with number 0008.

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Length: 37 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:cemfdt:0008

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Postal: Centro de Estudios Monetarios Y Financieros. Casado del Alisal, 5-28014 Madrid, Spain.
Phone: 914290551
Fax: 914291056
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Web page: http://www.cemfi.es/
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Related research

Keywords: SAVINGS ; INCOME ; RISK ; HOUSEHOLD;

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Cited by:
  1. Cristina Barceló, 2008. "The impact of alternative imputation methods on the measurement of income and wealth: Evidence from the Spanish survey of household finances," Banco de Espa�a Working Papers 0829, Banco de Espa�a.
  2. Pijoan-Mas, Josep, 2005. "Precautionary Savings or Working Longer Hours?," CEPR Discussion Papers 5322, C.E.P.R. Discussion Papers.
  3. Samuel Bentolila & Andrea Ichino, 2008. "Unemployment and consumption near and far away from the Mediterranean," Journal of Population Economics, Springer, vol. 21(2), pages 255-280, April.
  4. Abdul Jalil, Ahmad Zafarullah & Abdul Karim, Noor Al-Huda, 2008. "Constraining the spending behavior of subnational governments through borrowing limitation: The case of Malaysia," MPRA Paper 25234, University Library of Munich, Germany.
  5. Albarrán, Pedro & Carrasco, Raquel & Martínez Granado, María Teresa, 2007. "Inequality for Wage Earners and Self-Employed: Evidence from Panel Data," DFAEII Working Papers 2007-02, University of the Basque Country - Department of Foundations of Economic Analysis II.
  6. Abdul Jalil, Ahmad Zafarullah, 2009. "The importance of precautionary saving motive among Indonesian households," MPRA Paper 25189, University Library of Munich, Germany.

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