Precautionary saving under recursive preferences
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DOI: 10.1016/j.jebo.2024.106770
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More about this item
Keywords
Precautionary saving; Prudence; Consumption smoothing; Recursive preferences; Return risk; Higher-order risk;All these keywords.
JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- D15 - Microeconomics - - Household Behavior - - - Intertemporal Household Choice; Life Cycle Models and Saving
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
Statistics
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