IDEAS home Printed from https://ideas.repec.org/a/ris/actuec/v63y1987i2p213-224.html
   My bibliography  Save this article

L’épargne de précaution et les changements de risque

Author

Listed:
  • Eeckhoudt, Louis

    (Facultés catholiques de Mons)

  • Sneessens, Henri

    (Université catholique de Louvain)

  • Calcoen, Francis

    (Chercheur CNRS au CRESGE, Lille)

Abstract

In this paper, we examine how precautionary saving reacts to increases in future income risks when the return on savings itself is random. We show that results obtained with a sure rate of return on assets carry over to the uncertainty case under a set of not too restrictive assumptions. Dans ce papier, nous examinons comment l’épargne de précaution réagit à des accroissements de risque sur les revenus futurs quand le rendement retiré de l’épargne est lui aussi soumis à un aléa. Nous montrons que, sous un ensemble d’hypothèses plausibles, les résultats obtenus lorsque l’épargne rapporte un rendement certain sont transposables au cas du rendement aléatoire.

Suggested Citation

  • Eeckhoudt, Louis & Sneessens, Henri & Calcoen, Francis, 1987. "L’épargne de précaution et les changements de risque," L'Actualité Economique, Société Canadienne de Science Economique, vol. 63(2), pages 213-224, juin et s.
  • Handle: RePEc:ris:actuec:v:63:y:1987:i:2:p:213-224
    as

    Download full text from publisher

    File URL: http://id.erudit.org/iderudit/601419ar
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Éric Langlais, 1995. "Aversion au risque et prudence : le cas d'un risque de taux d'intérêt," Revue Économique, Programme National Persée, vol. 46(4), pages 1099-1119.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:actuec:v:63:y:1987:i:2:p:213-224. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bruce Shearer). General contact details of provider: http://edirc.repec.org/data/scseeea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.