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https://hdl.handle.net/10419/56124
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Flodén, Martin | en |
dc.date.accessioned | 2012-03-28T13:03:59Z | - |
dc.date.available | 2012-03-28T13:03:59Z | - |
dc.date.issued | 2005 | - |
dc.identifier.uri | http://hdl.handle.net/10419/56124 | - |
dc.description.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. | en |
dc.language.iso | eng | en |
dc.publisher | |aStockholm School of Economics, The Economic Research Institute (EFI) |cStockholm | en |
dc.relation.ispartofseries | |aSSE/EFI Working Paper Series in Economics and Finance |x597 | en |
dc.subject.jel | D81 | en |
dc.subject.jel | E21 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | precautionary saving | en |
dc.subject.keyword | prudence | en |
dc.subject.keyword | labor supply | en |
dc.subject.stw | Arbeitsangebot | en |
dc.subject.stw | Sparen | en |
dc.subject.stw | Risiko | en |
dc.title | Labor supply and saving under uncertainty | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 485175398 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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