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Support #359

savings greater than income

Added by Elisa Macchi almost 6 years ago. Updated over 5 years ago.

Status:
Closed
Priority:
Normal
Assignee:
Start date:
04/21/2015
% Done:

100%


Description

Dear all,

working on the BHPS I noticed that there is a lot of observation which show annual saving (amount saved each month * 12) is greater than total annual income (fiyr). Most of these people are originally from the U.K. ( so remittance can be excluded) and not all of them are married. Such problem is present even if I reduce the sample to people older than 40.

Do you have an explanation for this evidence? I assumed that "fiyr" contained all the possible sources of income.

Kind regard,

Elisa

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