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NEW DATA FOR UNDERSTANDING SAVING

During the last decade or so, several researchers have formulated innovative new survey questions, the answers to which aid our understanding of individual savings decisions. This article briefly reviews a number of these innovations and how they are used in empirical research on saving. We pay... Full description

1st Person: ALESSIE, ROB
Additional Persons: KAPTEYN, ARIE verfasserin
Source: in Oxford review of economic policy Vol. 17, No. 1 (2001), p. 55-69
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Type of Publication: Article
Language: English
Published: 2001
Keywords: research-article
Online: Volltext
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520 |a During the last decade or so, several researchers have formulated innovative new survey questions, the answers to which aid our understanding of individual savings decisions. This article briefly reviews a number of these innovations and how they are used in empirical research on saving. We pay attention to the measurement of time discounting, expectations (about both economic variables and longevity), bequest motives, health, and uncertainty. We illustrate the empirical usefulness of these new concepts by means of a Dutch longitudinal savings survey, the CentER Savings Survey. 
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