The effect of uncertainty on saving : Theoretical examination of precautionary saving

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  • 不確実性が貯蓄に与える影響 : 予備的貯蓄の理論的考察
  • フカクジツセイ ガ チョチク ニ アタエル エイキョウ : ヨビテキ チョチク ノ リロンテキ コウサツ

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Precautionary saving is defined as a buffer action when households face income uncertainty We discuss the importance of precautionary saving through the expected utility framework. Furthermore, we explore recent researches: the effect of a multi-attribute utility to precautionary saving and risk-sharing action in a household.


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