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dc.contributor.authorFlodén, Martinen
dc.date.accessioned2012-03-28T13:03:59Z-
dc.date.available2012-03-28T13:03:59Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/56124-
dc.description.abstractThis 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.en
dc.language.isoengen
dc.publisher|aStockholm School of Economics, The Economic Research Institute (EFI) |cStockholmen
dc.relation.ispartofseries|aSSE/EFI Working Paper Series in Economics and Finance |x597en
dc.subject.jelD81en
dc.subject.jelE21en
dc.subject.ddc330en
dc.subject.keywordprecautionary savingen
dc.subject.keywordprudenceen
dc.subject.keywordlabor supplyen
dc.subject.stwArbeitsangeboten
dc.subject.stwSparenen
dc.subject.stwRisikoen
dc.titleLabor supply and saving under uncertainty-
dc.typeWorking Paperen
dc.identifier.ppn485175398en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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