Replication data for: The Response of Household Saving to the Large Shock of German Reunification
Principal Investigator(s): View help for Principal Investigator(s) Nicola Fuchs-Schundeln
Version: View help for Version V1
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LICENSE.txt | text/plain | 14.6 KB | 12/07/2019 07:49:AM |
Mainregression_lcs.do | text/plain | 3 KB | 12/07/2019 07:49:AM |
ReadMe_Stata.pdf | application/pdf | 11.7 KB | 12/07/2019 07:49:AM |
agg_graph_lcs.do | text/plain | 5 KB | 12/07/2019 07:49:AM |
appendpooldata_lcs_2.do | text/plain | 22.6 KB | 12/07/2019 07:49:AM |
bootstrap_lcs.do | text/plain | 4.9 KB | 12/07/2019 07:49:AM |
cohort_age_profiles_lcs.do | text/plain | 7.1 KB | 12/07/2019 07:49:AM |
createpooldata_lcs_1.do | text/plain | 45.6 KB | 12/07/2019 07:49:AM |
furtherpreparation_lcs_4.do | text/plain | 48.5 KB | 12/07/2019 07:49:AM |
merge-with-personal-pool_lcs_3.do | text/plain | 10.8 KB | 12/07/2019 07:49:AM |
Project Citation:
Fuchs-Schundeln, Nicola. Replication data for: The Response of Household Saving to the Large Shock of German Reunification. Nashville, TN: American Economic Association [publisher], 2008. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116301V1
Project Description
Summary:
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German reunification was a large, unexpected shock for East Germans.
Exploiting German reunification as a natural experiment, I analyze the validity
of the life-cycle consumption model. I derive three stylized features concerning
the saving behavior of East versus West Germans after reunification: (i)
East Germans have higher saving rates than West Germans; (ii) this East-West
gap is increasing in age at reunification; and (iii) for every cohort, this gap is
declining over time. I show that a comprehensive life-cycle model can replicate
these features. The precautionary saving motive is essential for the success of
the model. (JEL D14, D91, E21)
Scope of Project
JEL Classification:
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D14 Household Saving; Personal Finance
D15 Intertemporal Household Choice; Life Cycle Models and Saving
E21 Macroeconomics: Consumption; Saving; Wealth
R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
D14 Household Saving; Personal Finance
D15 Intertemporal Household Choice; Life Cycle Models and Saving
E21 Macroeconomics: Consumption; Saving; Wealth
R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
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