-
Views
-
Cite
Cite
Hayne E. Leland, Saving and Uncertainty: The Precautionary Demand for Saving, The Quarterly Journal of Economics, Volume 82, Issue 3, August 1968, Pages 465–473, https://doi.org/10.2307/1879518
Close - Share Icon Share
Abstract
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.
This content is only available as a PDF.
Copyright, 1968, by the President and Fellows of Harvard College
You do not currently have access to this article.