Understanding why high income households save more than low income households
نویسندگان
چکیده
منابع مشابه
Understanding and Improving Data Quality Relating to Low-Income Households *
Concerns have been expressed about the reliability of income and expenditure data from Australian Bureau of Statistics surveys for those on low incomes. This paper analyses the factors behind the apparently low incomes recorded by many Australian households, in particular, in major ABS data collections, and the implications of these for income distribution and ‘poverty’ analysis. The paper seek...
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For all age groups above 65, Social Security remains the primary source of income. In 2009, households ages 65–74 and households with members age 85 or above received 54 percent and 66 percent of their total household incomes, respectively, from Social Security benefits. The importance of Social Security income increases with age. For households that had members ages 65– 69 in 2001, the sha...
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16. Abstract In many poor urban areas, retail and service establishments are not abundant and those retail centers that do exist often offer lower quality products at higher prices. To compound the problem, poor households lack the personal resources that might compensate for inadequate local access. They often don't have the option of traveling to stores or other destinations beyond their neig...
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• The possible perception among the poor that banks are not for them, may not be far from the truth. Banks' treatment of the rich and the poor is very different: they promote debt (which can be lucrative) over savings (which are bound to be modest) to the poor, as opposed to savings (which promise to be large and lucrative) over debt (likely repaid without penalty) to the wealthy. • Though the ...
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ژورنال
عنوان ژورنال: Journal of Monetary Economics
سال: 2000
ISSN: 0304-3932
DOI: 10.1016/s0304-3932(99)00058-6