Risk and savings: A taxonomy

Jan Willem Gunning

Economics Letters, 2010, vol. 107, issue 1, 39-41

Abstract: The effect of risk on savings depends not just on preferences but also on the type of risk. This helps to explain why the empirical literature reports positive effects for developed countries but negative effects for developing countries.

Keywords: Investment; under; risk; Precautionary; savings; Labor; income; risk; Asset; risk (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:107:y:2010:i:1:p:39-41

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