New data for understanding saving

Citation
R. Alessie et A. Kapteyn, New data for understanding saving, OX REV ECON, 17(1), 2001, pp. 55-69
Citations number
53
Categorie Soggetti
Economics
Journal title
OXFORD REVIEW OF ECONOMIC POLICY
ISSN journal
0266903X → ACNP
Volume
17
Issue
1
Year of publication
2001
Pages
55 - 69
Database
ISI
SICI code
0266-903X(200121)17:1<55:NDFUS>2.0.ZU;2-F
Abstract
During the last decade or so, several researchers have formulated innovativ e new survey questions, the answers to which aid our understanding of indiv idual savings decisions. This article briefly reviews a number of these inn ovations and how they are used in empirical research on saving. We pay atte ntion to the measurement of time discounting, expectations (about both econ omic variables and longevity), bequest motives, health, and uncertainty. We illustrate the empirical usefulness of these new concepts by means of a Du tch longitudinal savings survey, the CentER Savings Survey.