This letter develops a set of simple conditions under which an individual is willing to save an extra amount of money due to the presence of ambiguity concerning his second period wealth. This extra precautionary saving motive is naturally associated with the notion of ambiguity prudence. © 2014 Elsevier B.V.SCOPUS: ar.jinfo:eu-repo/semantics/publishe
We quantified the relative importance of the precautionary motive in determining savings. Existing e...
The notion of prudence was very useful in economics to analyze saving or self protection decisions. ...
Households save income for various reasons, including the need to plan for the future, the intentio...
This letter develops a set of simple conditions under which an individual is willing to save an extr...
This paper analyses a two-period model in which a consumer faces a future income risk but is uncerta...
This paper proposes a new interpretation for the precautionary saving motive: when future income is ...
The aim of this note is to suggest that prudence, i.e. convexity of marginal utility, can only expla...
This note reconsiders the classical problem of precautionary saving in the presence of an interest-r...
Most decisions concerning (self-)insurance and self-protection have to be taken in situations in whi...
This paper derives the relations between the coefficient of absolute prudence, the equivalent precau...
[eng] This paper deals with the precautionary saving motive in the face of interest rate uncertaint...
In this paper we study the optimal saving problem in the framework of possibility theory. The notion...
This Paper examines how aversion to risk and aversion to intertemporal substitution determines the s...
The aim of this note is to suggest that prudence, i.e. convexity of marginal utility, can only expla...
URL des Cahiers : https://halshs.archives-ouvertes.fr/CAHIERS-MSECahiers de la MSE 2005.34 - Série B...
We quantified the relative importance of the precautionary motive in determining savings. Existing e...
The notion of prudence was very useful in economics to analyze saving or self protection decisions. ...
Households save income for various reasons, including the need to plan for the future, the intentio...
This letter develops a set of simple conditions under which an individual is willing to save an extr...
This paper analyses a two-period model in which a consumer faces a future income risk but is uncerta...
This paper proposes a new interpretation for the precautionary saving motive: when future income is ...
The aim of this note is to suggest that prudence, i.e. convexity of marginal utility, can only expla...
This note reconsiders the classical problem of precautionary saving in the presence of an interest-r...
Most decisions concerning (self-)insurance and self-protection have to be taken in situations in whi...
This paper derives the relations between the coefficient of absolute prudence, the equivalent precau...
[eng] This paper deals with the precautionary saving motive in the face of interest rate uncertaint...
In this paper we study the optimal saving problem in the framework of possibility theory. The notion...
This Paper examines how aversion to risk and aversion to intertemporal substitution determines the s...
The aim of this note is to suggest that prudence, i.e. convexity of marginal utility, can only expla...
URL des Cahiers : https://halshs.archives-ouvertes.fr/CAHIERS-MSECahiers de la MSE 2005.34 - Série B...
We quantified the relative importance of the precautionary motive in determining savings. Existing e...
The notion of prudence was very useful in economics to analyze saving or self protection decisions. ...
Households save income for various reasons, including the need to plan for the future, the intentio...