文章基本信息

标题：The Rise of Single-Person Households and the Macroeconomic Consequences
本地全文：下载
作者：Lim, Taejun
期刊名称：Hitotsubashi Journal of Economics
印刷版ISSN：0018-280X
出版年度：2019
卷号：60
期号：2
页码：189-198
DOI：10.15057/30890
出版社：Maruzen Company Ltd
摘要：The number of single-person households in the U.S. has steadily risen since 1960. We provide a dynamic general equilibrium model to investigate the impact of this change on aggregate savings and labor supply. Our analysis indicates that single individuals tend to save and work more than married ones with the same economic characteristics. Importantly, this finding at the individual level extends to the aggregate level: both aggregate savings and labor supply increase as the share of single-person households increases, for which the general equilibrium effect plays a crucial role.
关键词：single-person households; within-household risk sharing; precautionary savings