Understanding Saving Behaviour in the UK: Evidence from the BHPS

نویسنده

  • Alessandra Guariglia
چکیده

This paper uses the British Household Panel Study (BHPS) to analyse saving behaviour in the UK between 1991 and 1996. One objective is to assess whether respondents’ saving decisions are dictated by precautionary considerations. It appears that various measures of risk based on earnings variability strongly affect these decisions, especially for those respondents whose labour income variability is higher than average. Moreover, respondents seem to save more if they expect their financial situation to deteriorate.

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تاریخ انتشار 1998