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Saving and Social Insurance

Joseph G Eisenhauer

Bulletin of Economic Research, 1994, vol. 46, issue 4, 341-45

Abstract: In a model which is both intertemporal and uncertain, this paper shows that risk averters increase saving in response to increases in the probability of income losses and reduce saving in response to social insurance. Copyright 1994 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Date: 1994
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