Exploring household saving and consumption-smoothing in the Philippines / (Record no. 7412)
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control field | art0982 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Alba, Michael M. |
245 ## - TITLE STATEMENT | |
Title | Exploring household saving and consumption-smoothing in the Philippines / |
300 ## - PHYSICAL DESCRIPTION | |
Extent | pp.77-100 |
490 ## - SERIES STATEMENT | |
Series statement | Vol. 33 No. 1&2 2006 |
500 ## - GENERAL NOTE | |
General note | Special Volume in Honor of Alejandro N. Herrin |
520 ## - SUMMARY, ETC. | |
Summary, etc. | This paper explores whether or not the saving behavior of Filipino households fits the life-cycle hypothesis. Using pseudo-panels, which are constructed from the public use data files of the Family Income and Expenditures Survey of 1988 to 2000, it shows that consumption rises with the age of the household head and that the consumption profile has been rising for younger cohorts. The regressions indicate that the cohort-independent age effects on consumption simply track those on income across all ages, suggesting that Filipino households do not behave as the life-cycle hypothesis prescribes, possibly because they are liquidity constrained or impatient. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Consumption smoothing |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Household consumption |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Household savings |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | See, Edward C. |
773 ## - HOST ITEM ENTRY | |
Record control number | 0115-9143 |
Title | Philippine Journal of Development |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | http://dirp3.pids.gov.ph/ris/pjd/pidspjd06-household.pdf |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Koha item type | Journal Articles |
Source of classification or shelving scheme |
No items available.