Household Composition and Savings : An Overview


Freyland, Felix


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Contributors
(e.g. translator, editor)
:
Börsch-Supan, Axel
URL: http://ub-madoc.bib.uni-mannheim.de/1280
URN: urn:nbn:de:bsz:180-madoc-12809
Document Type: Working paper
Year of publication: 2005
The title of a journal, publication series: None
Publication language: English
Institution: School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
MADOC publication series: Veröffentlichungen des MEA (Mannheim Research Institute For the Economics of Aging) > MEA Discussion Papers
Subject: 330 Economics
Subject headings (SWD): Haushalt , Sparverhalten , Einkommen
Abstract: In recent years the literature on household saving behavior has been enriched by a number of contributions focusing on the problem of modelling a household as a single decision unit. It has reasonably been argued that with respect to household consumption and saving behavior the simple approach of modelling households as one representative decider could involve major mistakes. Thus the literature has enriched the basic model by incorporating variables that describe the composition of a household member's life expectancies and the intra-household distribution of income. This paper reviews these developments and empirical results in the latest literature, with a particular focus on intra-household income distributions.
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