Working class behavior and old age in late nineteenth and early twentieth century Netherlands: rational or irrational behavior?

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

Modigliani's Life Cycle Model has no explanatory value in regard to late nineteenth and early twentieth century saving behavior in the Netherlands because many people had to survive on extremely low incomes. However, this does not mean that Dutch working-class people at the turn of the century never made any savings. From an international perspective they made considerable short-term savings, through funeral assurance companies, industrial life companies and saving banks.
Original languageEnglish
Pages (from-to)259-271
JournalTinbergen Institute research bulletin
Volume3
Issue number3
Publication statusPublished - Sep 1991

Keywords

  • saving behavior
  • elderly people
  • netherlands

Cite this

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title = "Working class behavior and old age in late nineteenth and early twentieth century Netherlands: rational or irrational behavior?",
abstract = "Modigliani's Life Cycle Model has no explanatory value in regard to late nineteenth and early twentieth century saving behavior in the Netherlands because many people had to survive on extremely low incomes. However, this does not mean that Dutch working-class people at the turn of the century never made any savings. From an international perspective they made considerable short-term savings, through funeral assurance companies, industrial life companies and saving banks.",
keywords = "saving behavior, elderly people, netherlands, sparen, ouderen, nederland",
author = "Elles Bulder",
year = "1991",
month = "9",
language = "English",
volume = "3",
pages = "259--271",
journal = "Tinbergen Institute research bulletin",
issn = "0924-056X",
number = "3",

}

Working class behavior and old age in late nineteenth and early twentieth century Netherlands: rational or irrational behavior? / Bulder, Elles.

In: Tinbergen Institute research bulletin, Vol. 3, No. 3, 09.1991, p. 259-271.

Research output: Contribution to journalArticleAcademicpeer-review

TY - JOUR

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AU - Bulder, Elles

PY - 1991/9

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AB - Modigliani's Life Cycle Model has no explanatory value in regard to late nineteenth and early twentieth century saving behavior in the Netherlands because many people had to survive on extremely low incomes. However, this does not mean that Dutch working-class people at the turn of the century never made any savings. From an international perspective they made considerable short-term savings, through funeral assurance companies, industrial life companies and saving banks.

KW - saving behavior

KW - elderly people

KW - netherlands

KW - sparen

KW - ouderen

KW - nederland

M3 - Article

VL - 3

SP - 259

EP - 271

JO - Tinbergen Institute research bulletin

JF - Tinbergen Institute research bulletin

SN - 0924-056X

IS - 3

ER -