Microeconomics Term Paper
“Early influences on saving
behavior: Analysis of British panel data” research paper is the work of Sarah
Brown and Karl Taylor and it was published in Journal of Banking and Finance 62 (2016) 1-14 in 2015. The purpose
of their study is to find out the determinants of saving behavior of children,
the relationship between childhood saving behavior and adulthood saving
behavior and the influence of parent’s saving behavior on children saving
behavior. This study contributes to the existing empirical works on saving by
investigating the saving behavior of individuals overtime from childhood (aged
11-15) to early adulthood (aged 17-30).
