Title: Precautionary saving from different sources of income
First published: 2002
Description: Much of past literature has assumed that households in developing countries save at the same marginal rate from all sources of income. But in rural Pakistan households save at very different marginal rates from different sources of income. The marginal propensity to save from those sources of income that are more variable and uncertain --- like external remittances --- is much higher than from those sources of income that are more predictable --- like rental income.
Subjects: Mathematical models, Saving and investment, Income
Places: Pakistan
LC classification: HG3881.5.W57