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Seminar

The Saving Rate along the Permanent Earnings Distribution

Macroeconomics Seminar

Add to calendar 2023-02-01 11:00 2023-02-01 12:15 Europe/Rome The Saving Rate along the Permanent Earnings Distribution Seminar Room 3rd Floor Villa La Fonte YYYY-MM-DD
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When

01 February 2023

11:00 - 12:15 CET

Where

Seminar Room 3rd Floor

Villa La Fonte

In this seminar, Jeanne Commault (Sciences Po), will present the paper "The saving rate along the permanent earnings distribution".
The distribution of the marginal propensity to save at the wealth distribution is subject to empirical and theoretical debate. I show that a simple life-cycle model is able to generate a large increase in the marginal propensity to save out of permanent income even with homothetic preferences, provided people face enough uncertainty.

Speaker(s):

Prof. Jeanne COMMAULT (Sciences Po)

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