Essays on Household Saving and Pension Reform

Sigurdur P. Olafsson

Research output: Book/ReportPhD thesis

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Abstract

This thesis consists of three chapters on topics related to household consumption and saving. Underlying all papers is the computation of household-level consumption and saving using a detailed third-party reported administrative dataset from Icelandic tax records. The first chapter of the thesis studies households’ consumption response to past experiences of economic hardship. The second chapter estimates a life-cycle consumption profile for three education groups and proceeds to estimate their consumption response out of transitory income shock over a period of dramatic economic fluctuations. Finally, the third chapter asks whether raising mandatory pension saving leads households to reduce their voluntary saving as predicted by canonical economic models.
Original languageEnglish
Place of PublicationFrederiksberg
PublisherCopenhagen Business School [Phd]
Number of pages165
ISBN (Print)9788775683055
ISBN (Electronic)9788775683062
DOIs
Publication statusPublished - 2024
SeriesPhD Series
Number37.2024
ISSN0906-6934

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