Saving behavior under the influence of income risk: An experimental study

Tomoki Kitamura, Yasuhiro Yonezawa, Munenori Nakasato

研究成果: Article査読

抄録

Individual subjects are experimentally tested for precautionary saving. We use a simplified experimental framework and decision supporting tool to show that subject's consumption is consistent with precautionary saving. We find that subjects overact in changing current income. However, those over-reactions cancel each other, and subject's consumption behavior is close to the optimal solutions on average.

本文言語English
ページ(範囲)967-974
ページ数8
ジャーナルEconomics Bulletin
30
2
出版ステータスPublished - 2010 6 18

ASJC Scopus subject areas

  • 経済学、計量経済学および金融学(全般)

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