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.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.