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Consumption and Savings Over the Life Cycle

Author

Listed:
  • Ekman, E.

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.

Suggested Citation

  • Ekman, E., 1996. "Consumption and Savings Over the Life Cycle," Papers 1996-02, Uppsala - Working Paper Series.
    • Handle: RePEc:fth:uppaal:1996-02
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    Citations

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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.

    More about this item

    Keywords

    CONSUMPTION; SAVINGS; BUSINESS CYCLES; SWEDEN; HOUSEHOLD;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E29 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Other
    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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