The Saving Behaviour of a Two Person Household

TY - JOUR

T1 - The Saving Behaviour of a Two Person Household

AU - Browning, Martin

N1 - JEL Classification: D1, D7

PY - 2000

Y1 - 2000

N2 - The facts that wives are typically younger than their husbands and that women typically live longer than men imply that wives may have more incentive to save for old age than do husbands. A theoretical model of the determination of household saving and portfolio choice is introduced which takes into account differences in preferences for saving. The most important result is that the level and the composition (portfolio) of saving and the time path of consumption are dependent on the distribution of income within the household

AB - The facts that wives are typically younger than their husbands and that women typically live longer than men imply that wives may have more incentive to save for old age than do husbands. A theoretical model of the determination of household saving and portfolio choice is introduced which takes into account differences in preferences for saving. The most important result is that the level and the composition (portfolio) of saving and the time path of consumption are dependent on the distribution of income within the household

U2 - 10.1111/1467-9442.00197

DO - 10.1111/1467-9442.00197

M3 - Journal article

SN - 0347-0520

VL - 102

SP - 235

EP - 251

JO - Scandinavian Journal of Economics

JF - Scandinavian Journal of Economics

IS - 2

ER -