IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Identifikation von Sparprofilen im Lebenszyklus

  • Rodepeter, Ralf

    (Sonderforschungsbereich 504)

A key element of houshold behavior, saving is still not satisfactorily understood. The seminal lif-cycle theory of saving by Modigliani et al has been augmented by the consideration of liquidity constraints, mortality, morbidity, income, interest, and other uncertaities, and, more recently, by behavioral elements. Each of these amendments explains part of saving behavior. However, contradictions remain widespread. This paper poses the question in how far observable age-saving profiles can identify competing theories of saving behavior. The paper departs from the age-saving profiles observed in Germany and compares them with age-saving profiles that were simulated using different variants of augmented life-cycle saving theories. It shows that age-saving profiles per se cannot separate competing theories of saving behavior. This means that the estimations of Euler-equation are not identified.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.sfb504.uni-mannheim.de/publications/dp97-01.pdf
Our checks indicate that this address may not be valid because: 500 Can't connect to www.sfb504.uni-mannheim.de:80. If this is indeed the case, please notify (Carsten Schmidt)


Download Restriction: no

Paper provided by Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim in its series Sonderforschungsbereich 504 Publications with number 97-01.

as
in new window

Length: 34 pages
Date of creation: 01 Apr 1997
Date of revision:
Handle: RePEc:xrs:sfbmaa:97-01
Note: Financial support from the Deutsche Forschungsgemeinschaft, SFB 504, at the University of Mannheim, is gratefully acknowledged.
Contact details of provider: Postal: D-68131 Mannheim
Phone: (49) (0) 621-292-2547
Fax: (49) (0) 621-292-5594
Web page: http://www.sfb504.uni-mannheim.de/
Email:


More information through EDIRC

Web page: http://www.sfb504.uni-mannheim.de

Order Information: Email:


No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:xrs:sfbmaa:97-01. 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: (Carsten Schmidt)

The email address of this maintainer does not seem to be valid anymore. Please ask Carsten Schmidt to update the entry or send us the correct address

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.