Abstract
This paper analyzes the competitive saving motive, originally developed by Wei and Zhang (2011) with an additional parameter: per-capita income. It is hypothesized that the relationship between sex ratios and household savings rate depends upon the income of households. A game theoretical model is developed to show how income could potentially influence competitive saving. In order to test this hypothesis empirically, an OLS panel regression with fixed and time effects is used. The data is a panel dataset with observations from 29 provinces covering the years 1981-2007. This model shows the effects of income uncertainty, income inequality, and life-cycle savings patterns as control variables. Results show that low-mid income provinces exhibit competitive savings and high-income provinces do not exhibit competitive savings
Advisor
Wang, Shu-Ling
Department
Business Economics
Recommended Citation
Lanz, John C., "Who is Actually Competing? An Analysis of the Competitive Saving Motive" (2015). Senior Independent Study Theses. Paper 6897.
https://openworks.wooster.edu/independentstudy/6897
Publication Date
2015
Degree Granted
Bachelor of Arts
Document Type
Senior Independent Study Thesis
© Copyright 2015 John C. Lanz