Dissaving by the Elderly, Transfer Motives and Liquidity Constraints
收藏NBER1993-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4569
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资源简介：
Two explanations have been proposed for the observed slowness of wealth decumulation by the elderly in the literature: the precautionary saving induced by (uninsurable) uncertainty about the time of death or by the possibility of major catastrophes in old age that require large outlays; the desire
提供机构：
美国国家经济研究局
创建时间：
1993-12-01
