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Precautionary saving in the presence of labor income and interest rate risks

  • Jingyuan Li


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Article provided by Springer in its journal Journal of Economics.

Volume (Year): 106 (2012)
Issue (Month): 3 (July)
Pages: 251-266

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Handle: RePEc:kap:jeczfn:v:106:y:2012:i:3:p:251-266
DOI: 10.1007/s00712-011-0244-6
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  1. DENUIT, Michel M. & EECKHOUDT, Louis & MENEGATTI, Mario, . "Correlated risks, bivariate utility and optimal choices," CORE Discussion Papers RP 2272, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  2. EECKHOUDT, Louis & SCHLESINGER, Harris, . "Putting risk in its proper place," CORE Discussion Papers RP 1871, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  3. repec:cor:louvrp:-2162 is not listed on IDEAS
  4. Franco Pellerey & Patrizia Semeraro, 2005. "A Note on the Portfolio Selection Problem," Theory and Decision, Springer, vol. 59(4), pages 295-306, December.
  5. White, Lucy, 2008. "Prudence in bargaining: The effect of uncertainty on bargaining outcomes," Games and Economic Behavior, Elsevier, vol. 62(1), pages 211-231, January.
  6. EECKHOUDT, Louis & ETNER, Johanna & SCHROYEN, Fred, . "The values of relative risk aversion and prudence: A context-free interpretation," CORE Discussion Papers RP 2162, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  7. EECKHOUDT, Louis & SCHLESINGER, Harris, . "Changes in risk and the demand for saving," CORE Discussion Papers RP 2100, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  8. Kimball, Miles S, 1990. "Precautionary Saving in the Small and in the Large," Econometrica, Econometric Society, vol. 58(1), pages 53-73, January.
  9. A. Sandmo, 1970. "The Effect of Uncertainty on Saving Decisions," Review of Economic Studies, Oxford University Press, vol. 37(3), pages 353-360.
  10. DREZE, Jacques H. & MODIGLIANI, Franco, . "Cosumption decisions under uncertainty," CORE Discussion Papers RP 119, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  11. Levy, Haim & Paroush, Jacob, 1974. "Toward multivariate efficiency criteria," Journal of Economic Theory, Elsevier, vol. 7(2), pages 129-142, February.
  12. Wang, Jianli & Li, Jingyuan, 2010. "Multiplicative risk apportionment," Mathematical Social Sciences, Elsevier, vol. 60(1), pages 79-81, July.
  13. Thomas Eichner & Andreas Wagener, 2004. "Relative risk aversion, relative prudence and comparative statics under uncertainty: The case of (μ, σ)-preferences," Bulletin of Economic Research, Wiley Blackwell, vol. 56(2), pages 159-170, 04.
  14. Christophe Courbage & Béatrice Rey, 2007. "Precautionary saving in the presence of other risks," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(2), pages 417-424, August.
  15. Cary Deck & Harris Schlesinger, 2008. "Exploring Higher-Order Risk Effects," CESifo Working Paper Series 2487, CESifo Group Munich.
  16. L. Eeckhoudt & C. Gollier & H. Schlesinger, 2005. "Economic and financial decisions under risk," Post-Print hal-00325882, HAL.
  17. Wenan Fei & Harris Schlesinger, 2008. "Precautionary Insurance Demand With State-Dependent Background Risk," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 75(1), pages 1-16.
  18. Louis Eeckhoudt & Béatrice Rey & Harris Schlesinger, 2007. "A Good Sign for Multivariate Risk Taking," Management Science, INFORMS, vol. 53(1), pages 117-124, January.
  19. repec:cor:louvrp:-2431 is not listed on IDEAS
  20. Leigh Tesfatsion, 1976. "Stochastic Dominance and the Maximization of Expected Utility," Review of Economic Studies, Oxford University Press, vol. 43(2), pages 301-315.
  21. Rothschild, Michael & Stiglitz, Joseph E., 1971. "Increasing risk II: Its economic consequences," Journal of Economic Theory, Elsevier, vol. 3(1), pages 66-84, March.
  22. F. H. Hahn, 1970. "Savings and Uncertainty," Review of Economic Studies, Oxford University Press, vol. 37(1), pages 21-24.
  23. Dionne, G. & Eeckhoudt, L. & Briys, E., 1989. "Proportional Risk Aversion And Saving Decisions Under Uncertainty," Cahiers de recherche 8901, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
  24. Mario Menegatti, 2009. "Optimal saving in the presence of two risks," Journal of Economics, Springer, vol. 96(3), pages 277-288, April.
  25. Kais Dachraoui & Georges Dionne, 2007. "Conditions Ensuring the Decomposition of Asset Demand for All Risk-Averse Investors," The European Journal of Finance, Taylor & Francis Journals, vol. 13(5), pages 397-404.
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