Concepedia

Concept

precautionary savings

Parents

599

Publications

55.9K

Citations

1.1K

Authors

520

Institutions

About

Precautionary savings is an economic concept describing the accumulation of assets by individuals or households specifically to mitigate the potential adverse effects of future uncertain income or expenditure shocks. This behavior is driven by risk aversion and investigates how agents adjust consumption and wealth accumulation decisions in the presence of uninsurable risks, holding significant implications for macroeconomic stability and welfare analysis.

Top Authors

Rankings shown are based on concept H-Index.

AL

George Washington University

MM

University of Parma

SD

The Ohio State University

CD

Johns Hopkins University

PJ

Virginia Tech

Top Institutions

Rankings shown are based on concept H-Index.

National Bureau of Economic Research

Cambridge, United States

The Ohio State University

Columbus, United States

Virginia Tech

Blacksburg, United States

University of Pennsylvania

Philadelphia, United States

Washington D.C., United States