Revenu permanent, cycle de vie, héritage: comment la microéconomie modélise le temps long de l’épargne ?

Pauline Amard and Étienne de l’Estoile

Regards croisés sur l'économie, 2021, vol. n° 29, issue 2, 62-69

Abstract: This text reviews the main models of saving behaviour: the permanent income hypothesis, the life-cycle theory and the hypermetric models that account for inheritance. It briefly explains them and then highlights the differences in their definitions on the time horizon of economic agents.

Date: 2021
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