Firm-Related Risk and Precautionary Saving Response
收藏NBER2017-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w23182
下载链接
链接失效反馈官方服务:
资源简介:
We propose a new approach to identify the strength of the precautionary motive and the extent of self-insurance in response to earnings risk based on Euler equation estimates. To address endogeneity problems, we use Norwegian administrative data and instrument consumption and earnings volatility
提供机构:
美国国家经济研究局创建时间:
2017-02-01



