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Dynastic Precautionary Savings

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NBER2020-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26635
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资源简介:
This paper provides evidence that parents accumulate savings to insure their children against income risk. I refer to this behavior as dynastic precautionary saving and quantify its extent using matched parent-child pairs from the Panel Study of Income Dynamics and exploiting variation in income
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2020-01-01
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