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Consumption and Savings Over the Life Cycle

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  • Ekman, E.
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    Abstract

    During the last decade most western economies have experienced large and unexpected fluctuations in consumption and savings. The purpose of this paper is to provide additional insights into the individual household's consumption decision and thereby increase the knowledge of what governs these important macro variables. A consumption equation is estimated on Swedish micro data using an empirical method capable of dealing with the inherent data problem found in micro data sets.

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    Bibliographic Info

    Paper provided by Uppsala - Working Paper Series in its series Papers with number 1996-02.

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    Length: 58 pages
    Date of creation: 1996
    Date of revision:
    Handle: RePEc:fth:uppaal:1996-02

    Contact details of provider:
    Postal: UPPSALA UNIVERSITY, DEPARTMENT OF ECONOMICS, S-751 20 UPPSALA SWEDEN.
    Phone: + 46 18 471 25 00
    Fax: + 46 18 471 14 78
    Email:
    Web page: http://www.nek.uu.se/
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    Related research

    Keywords: CONSUMPTION; SAVINGS; BUSINESS CYCLES; SWEDEN; HOUSEHOLD;

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    Cited by:
    1. Hassler, John & Lindbeck, Assar, 1997. "Optimal actuarial fairness in pension systems: A note," Economics Letters, Elsevier, vol. 55(2), pages 251-255, August.
    2. Berg, Lennart, 1996. "Age Distribution, Saving and Consumption in Sweden," Working Paper Series 1996:22, Uppsala University, Department of Economics.

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