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L'épargne de précaution : une analyse géométrique

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  • Louis Eeckhoudt
  • Henri Sneessens
  • Francis Calcoen

Abstract

[eng] Precautionary saving : a geometric analysis. . In this paper, we develop a geometrical and simple interpretation of precautionary saving. This approach enables us to explain intuitively why risk aversion alone is not sufficient to give rise to precautionary saving. [fre] L'épargne de précaution : une analyse géométrique. . Dans cet article, nous donnons une interprétation géométrique aussi simple que possible du motif de précaution dans la décision d'épargne. Cette interprétation permet de comprendre intuitivement pourquoi l'aversion au risque n 'est pas suffisante pour engendrer une épargne de précaution.

Suggested Citation

  • Louis Eeckhoudt & Henri Sneessens & Francis Calcoen, 1989. "L'épargne de précaution : une analyse géométrique," Revue Économique, Programme National Persée, vol. 40(1), pages 21-34.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1989_num_40_1_409128
    DOI: 10.3406/reco.1989.409128
    Note: DOI:10.3406/reco.1989.409128
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    References listed on IDEAS

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    1. Dionne, G. & Eeckhoudt, L., 1984. "Proportional Risk Aversion, Taxation and Labor Supply Under Uncertainty," Cahiers de recherche 8441, Universite de Montreal, Departement de sciences economiques.
    2. Cropper, M L, 1976. "A State-Preference Approach to the Precautionary Demand for Money," American Economic Review, American Economic Association, vol. 66(3), pages 388-394, June.
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    7. Sandmo, Agnar, 1971. "On the Theory of the Competitive Firm under Price Uncertainty," American Economic Review, American Economic Association, vol. 61(1), pages 65-73, March.
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