Household Saving in France : Stochastic Income and Financial Deregulation

Stochastic Income and Financial Deregulation

Household Saving in France : Stochastic Income and Financial Deregulation
The household saving ratio in France has undergone very sharp changes over the past two decades, falling dramatically in the first part of the 1980s before rising in more recent years. This paper emphasizes two factors in the evolution of private saving in France. The first relates to perceptions of household income growth and uncertainty, which... READ MORE...

Publication date: November 1994
ISBN 9781451855746
$15.00

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