New data for understanding saving

Rob Alessie and Arie Kapteyn

Oxford Review of Economic Policy, 2001, vol. 17, issue 1, 55-69

Abstract: During the last decade or so, several researchers have formulated innovative new survey questions, the answers to which aid our understanding of individual savings decisions. This article briefly reviews a number of these innovations and how they are used in empirical research on saving. We pay attention to the measurement of time discounting, expectations (about both economic variables and longevity), bequest motives, health, and uncertainty. We illustrate the empirical usefulness of these new concepts by means of a Dutch longitudinal savings survey, the CentER Savings Survey. Copyright 2001, Oxford University Press.

Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:oup:oxford:v:17:y:2001:i:1:p:55-69

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