Household saving in Mexico

dc.creatorVillagómez Amezcua, Alejandro
dc.creatorZamudio Carrillo, Andrés
dc.date2022-11-01T19:41:07Z
dc.date2022-11-01T19:41:07Z
dc.date1997
dc.date.accessioned2023-07-21T16:42:49Z
dc.date.available2023-07-21T16:42:49Z
dc.identifier13007.pdf
dc.identifierhttp://hdl.handle.net/11651/5401
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/7734934
dc.descriptionIn this paper we use data from four recent household income and expenditure surveys to examine whether observed consumption and saving profiles in Mexico are consistent with some implications of the basic life cycle theory using individual age cohorts. In particular we find that household consumption tracks income closely and that older households do not dissave as predicted by this model. These results are similar with empirical work for other countries. We also explore some hypothesis that have been advanced to explain the recent decline in the private saving rate in Mexico. In particular we analyze the impact of financial liberalization on liquidity constrained consumers as well as the effect of capital gains changes on real estate and financial assets on household saving. Our results offer some evidence for the argument that the relaxation of credit constraints have been a contributing factor to recent saving decline.
dc.formatapplication/PDF
dc.formatapplication/pdf
dc.languageeng
dc.publisherCentro de Investigación y Docencia Económicas, División de Economía
dc.relationDocumento de trabajo (Centro de Investigación y Docencia Económicas). División de Economía; 78
dc.rightsEl Centro de Investigación y Docencia Económicas A.C. CIDE autoriza a poner en acceso abierto de conformidad con las licencias CREATIVE COMMONS, aprobadas por el Consejo Académico Administrativo del CIDE, las cuales establecen los parámetros de difusión de las obras con fines no comerciales. Lo anterior sin perjuicio de los derechos morales que corresponden a los autores.
dc.rightsCreative Commons Reconocimiento-NoComercial-SinObraDerivada 4.0 International CC BY-NC-ND
dc.subjectSaving and investment -- Mexico -- Statistical methods.
dc.subjectHome economics -- Mexico -- Statistical methods.
dc.subjectHousehold surveys -- Mexico -- Statistical methods.
dc.titleHousehold saving in Mexico
dc.typeDocumento de trabajo


Este ítem pertenece a la siguiente institución