2026-09-20T08:40:36Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/1015192022-01-13T07:54:00Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Robert Townsend.
Sripakdeevong, Parit
Massachusetts Institute of Technology. Department of Economics.
Massachusetts Institute of Technology. Department of Economics
a-th---
2016-03-03T21:06:20Z
2016-03-03T21:06:20Z
2015
2015
http://hdl.handle.net/1721.1/101519
939917665
Thesis: S.M., Massachusetts Institute of Technology, Department of Economics, 2015.
Cataloged from PDF version of thesis.
Includes bibliographical references (page 19).
Amador Werning Angeletos (2006) characterize the conditions under which optimal saving/ consumption decision are determined by a minimum savings policy. I test this model empirically against data from the Townsend Thai Monthly Survey. Each household's income distribution, measure of risk aversion. and hyperbolic discount rate are estimated and then inputted into the model. In the overall sample., the minimum saving value as predicted by the model does register a statistically signficant relationship with the actual amount saved by the household. This is expected. since minimum saving policy is not optimal for all households. Limiting the sample to the appopriate subgroup produces a strong positive correlation.
by Parit Sripakdeevong.
S.M.
19 pages
eng
Massachusetts Institute of Technology
M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.
http://dspace.mit.edu/handle/1721.1/7582
Economics.
Predicting minimum savings in Thai villages
Thesis
application/pdf
Publication
unknown
unknown
<Publication xmlns="https://www.openaire.eu/cerif-profile/1.1/" id="f1d51590-7e2a-4065-bd27-a389027b8755">
<Type xmlns="https://www.openaire.eu/cerif-profile/vocab/COAR_Publication_Types">http://purl.org/coar/resource_type/c_1843</Type>
<Language>eng</Language>
<Title>Predicting minimum savings in Thai villages</Title>
<PublishedIn>
<Publication>
</Publication>
</PublishedIn>
<PublicationDate>2015</PublicationDate>
<Authors>
<Author>
<DisplayName>Sripakdeevong, Parit</DisplayName>
<Affiliation>
<OrgUnit>
</OrgUnit>
</Affiliation>
</Author>
</Authors>
<Editors>
</Editors>
<Publishers>
<Publisher>
<DisplayName>Massachusetts Institute of Technology</DisplayName>
<OrgUnit />
</Publisher>
</Publishers>
<License>http://dspace.mit.edu/handle/1721.1/7582</License>
<Keyword>Economics.</Keyword>
<Abstract>Amador Werning Angeletos (2006) characterize the conditions under which optimal saving/ consumption decision are determined by a minimum savings policy. I test this model empirically against data from the Townsend Thai Monthly Survey. Each household's income distribution, measure of risk aversion. and hyperbolic discount rate are estimated and then inputted into the model. In the overall sample., the minimum saving value as predicted by the model does register a statistically signficant relationship with the actual amount saved by the household. This is expected. since minimum saving policy is not optimal for all households. Limiting the sample to the appopriate subgroup produces a strong positive correlation.</Abstract>
<Access xmlns="http://purl.org/coar/access_right"
>
</Access>
</Publication>