Does government growth reduce precautionary saving?

dc.contributor.authorHatzinikolaou, Dimitrisen
dc.date.accessioned2015-11-24T17:04:49Z
dc.date.available2015-11-24T17:04:49Z
dc.identifier.issn0003-6846-
dc.identifier.urihttps://olympias.lib.uoi.gr/jspui/handle/123456789/11224
dc.rightsDefault Licence-
dc.titleDoes government growth reduce precautionary saving?en
heal.abstractThe paper extends the constant-relative-risk-aversio n model by endogenizing the Arrow- Pratt coefficient of relative risk aversion. The empirical application treats this coefficient as a linear function of the rate of growth of real government expenditure per worker and estimates a Euler equation for consumption using Greek annual aggregate data for the period 1960Γ 1993. The results support the view that government growth may cause a typical consumer to become less risk averse and save less.en
heal.accesscampus-
heal.fullTextAvailabilityTRUE-
heal.identifier.primary10.1080/000368497326912-
heal.journalNameApplied Economicsen
heal.journalTypepeer reviewed-
heal.languageen-
heal.publicationDate1997-
heal.recordProviderΠανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημώνel
heal.typejournalArticle-
heal.type.elΆρθρο Περιοδικούel
heal.type.enJournal articleen

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