研究论文
Saving and Uncertainty: The Precautionary Demand for Saving
Hayne E. Leland
Harvard University Stanford University
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I. Introduction, 465. — II. A two period model of consumption, 466. — III. The effect of uncertainty on saving, 467. — IV. Decreasing risk aversion and precautionary saving, 468. — V. Speculations on the consumption function, 470. — VI. Conclusion, 472.
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