Abstract
This paper analyzes the saving profile of rural and urban Mexican households. Based on the National Survey of Household Income and Expenditure from 1994 to 2014, a synthetic panel is constructed and a semi-parametric model is estimated to identify profiles by age. Results show a contrast with the life cycle hypothesis. The age profile does not show an inverted U shape and there is evidence of greater savings in advanced ages. Saving profiles are higher in urban households, particularly for the elderly and regarding access to health.
Key words
Life cycle hypothesis; Semi-parametric model; Pseudo-panel method
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Fuente: Elaboración propia a partir de la ENIGH 1994-2014.
Fuente: Elaboración propia a partir de la ENIGH 2014.
Fuente: Elaboración propia a partir de la ENIGH 1994-2014. Nota: Montos trimestrales (2014 = 100) ajustados por escalas de equivalencia OCDE actualizadas.
Fuente: Elaboración propia a partir de la ENIGH 1994-2014. Nota: Montos trimestrales (2014 = 100) ajustados por escalas de equivalencia OCDE actualizadas.
Fuente: Elaboración propia a partir de las ENIGH 1994-2014. Nota: Montos trimestrales (2014 = 100) ajustados por escalas de equivalencia OCDE actualizadas.