@techreport{Floden2005Labor,
abstract = {This paper examines how variations in labor supply can be used to self-insure against wage uncertainty, and the impact of such self-insurance on precautionary saving. The analytical framework is a two-period model with saving and labor-supply decisions where preferences are consistent with balanced growth. The main findings are that (i) labor-supply flexibility raises precautionary saving when future wages are uncertain, and (ii) uncertainty about future wages raises current labor supply and reduces future labor supply.},
address = {Stockholm},
author = {Martin Flod\'{e}n},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {D81; E21; 330; precautionary saving; prudence; labor supply; Arbeitsangebot; Sparen; Risiko},
language = {eng},
number = {597},
publisher = {Ekonomiska Forskningsinst.},
title = {Labor supply and saving under uncertainty},
type = {SSE/EFI Working Paper Series in Economics and Finance},
url = {http://hdl.handle.net/10419/56124},
year = {2005}
}
