<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0188-3380</journal-id>
<journal-title><![CDATA[Economía: teoría y práctica]]></journal-title>
<abbrev-journal-title><![CDATA[Econ: teor. práct]]></abbrev-journal-title>
<issn>0188-3380</issn>
<publisher>
<publisher-name><![CDATA[Universidad Autónoma Metropolitana, a través de la Unidad Iztapalapa, la Unidad Azcapotzalco y la Unidad Xochimilco, División de Ciencias Sociales]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0188-33802018000200093</article-id>
<article-id pub-id-type="doi">10.24275/etypuam/ne/492018/nava</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Determinantes del ahorro de los hogares en México: un análisis de regresión cuantílica]]></article-title>
<article-title xml:lang="en"><![CDATA[Determinants of Household Savings in Mexico: A Quantile Regression Analysis]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Nava Bolaños]]></surname>
<given-names><![CDATA[Isalia]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Brown Grossman]]></surname>
<given-names><![CDATA[Flor]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Nacional Autónoma de México  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Universidad Nacional Autónoma de México  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2018</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2018</year>
</pub-date>
<numero>49</numero>
<fpage>93</fpage>
<lpage>117</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0188-33802018000200093&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0188-33802018000200093&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0188-33802018000200093&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[RESUMEN Este artículo analiza los factores económicos y sociodemográficos explicativos del ahorro de los hogares en México. A diferencia de otras investigaciones, toma en cuenta diferentes puntos de la distribución de la tasa de ahorro. La metodología involucra la estimación de regresiones cuantílica y cuantílica con variables instrumentales, a partir de la Encuesta Nacional de Ingresos y Gastos de los Hogares 2014. Los resultados muestran las diferencias de factores explicativos a lo largo de la distribución de la tasa de ahorro. La propensión marginal al ahorro fue de 5.7 por ciento en QR20 y de 16.1 por ciento en QR90. El sexo de la jefatura y el acceso a los mercados financieros no tienen un efecto significativo en QR20. El número de personas mayores aumenta la tasa de ahorro en QR20 y QR50, pero no es significativa en los otros cuantiles. El efecto de la localidad urbana disminuye entre cuantiles, hasta volverse negativo en QR90.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[ABSTRACT This article analyses the economic and sociodemographic factors that explain household savings in Mexico. Unlike other studies, it takes into account different points of the distribution of saving rates. The methodology includes a quantile regression and instrumental variable quantile regression, based on the National Household Income and Expenditure Survey 2014. The results show the differences of determinants along the distribution of saving rates. The marginal propensity to save was 5.7 per cent in QR20 and 16.1 per cent in QR90. The sex of the household head and access to financial markets do not have a significant effect on QR20. The number of older people increases the saving rates in QR20 and QR50, but it is not significant in the other quantiles. The effect of urban areas decreases between quantiles, until it becomes negative in QR90.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Comportamiento del ahorro]]></kwd>
<kwd lng="es"><![CDATA[hogares]]></kwd>
<kwd lng="es"><![CDATA[ingreso permanente]]></kwd>
<kwd lng="es"><![CDATA[desigualdad]]></kwd>
<kwd lng="es"><![CDATA[regresión cuantílica con variables instrumentales]]></kwd>
<kwd lng="es"><![CDATA[D14]]></kwd>
<kwd lng="es"><![CDATA[D15]]></kwd>
<kwd lng="es"><![CDATA[E21]]></kwd>
<kwd lng="es"><![CDATA[C21]]></kwd>
<kwd lng="en"><![CDATA[Saving behavior]]></kwd>
<kwd lng="en"><![CDATA[housing]]></kwd>
<kwd lng="en"><![CDATA[permanent income]]></kwd>
<kwd lng="en"><![CDATA[inequality]]></kwd>
<kwd lng="en"><![CDATA[instrumental variable quantile regression]]></kwd>
<kwd lng="en"><![CDATA[D14]]></kwd>
<kwd lng="en"><![CDATA[D15]]></kwd>
<kwd lng="en"><![CDATA[E21]]></kwd>
<kwd lng="en"><![CDATA[C21]]></kwd>
</kwd-group>
</article-meta>
</front><back>
<ref-list>
<ref id="B1">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Attanasio]]></surname>
<given-names><![CDATA[Orazio P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Cohort Analysis of Saving Behavior by U.S. Households]]></article-title>
<source><![CDATA[The Journal of Human Resources]]></source>
<year>1998</year>
<volume>33</volume>
<page-range>575-609</page-range></nlm-citation>
</ref>
<ref id="B2">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Attanasio]]></surname>
<given-names><![CDATA[Orazio P.]]></given-names>
</name>
<name>
<surname><![CDATA[Székely]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Ahorro de los hogares y distribución del ingreso en México]]></article-title>
<source><![CDATA[Economía Mexicana, nueva época]]></source>
<year>1999</year>
<volume>8</volume>
<page-range>267-338</page-range></nlm-citation>
</ref>
<ref id="B3">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bebczuk]]></surname>
<given-names><![CDATA[Ricardo]]></given-names>
</name>
<name>
<surname><![CDATA[Gasparini]]></surname>
<given-names><![CDATA[Leonardo]]></given-names>
</name>
<name>
<surname><![CDATA[Garbero]]></surname>
<given-names><![CDATA[Noelia]]></given-names>
</name>
<name>
<surname><![CDATA[Amendolaggine]]></surname>
<given-names><![CDATA[Julian]]></given-names>
</name>
</person-group>
<source><![CDATA[Understanding the Determinants of Household Saving: Micro Evidence for Latin America]]></source>
<year>2015</year>
<publisher-loc><![CDATA[Argentina, Centro de Estudios Distributivos ]]></publisher-loc>
<publisher-name><![CDATA[Laborales y Sociales (CEDLAS)]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B4">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bernal Lara]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<source><![CDATA[Ahorro, crédito y acumulación de activos en los hogares pobres de México]]></source>
<year>2007</year>
<publisher-loc><![CDATA[Monterrey ]]></publisher-loc>
<publisher-name><![CDATA[Consejo de Desarrollo Social]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B5">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Blinder]]></surname>
<given-names><![CDATA[Alan S.]]></given-names>
</name>
<name>
<surname><![CDATA[Deaton]]></surname>
<given-names><![CDATA[August S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The Time Series Consumption Function Revisited]]></article-title>
<source><![CDATA[Brookings Papers on Ecorromic Activity]]></source>
<year>1985</year>
<numero>2</numero>
<issue>2</issue>
<page-range>465-511</page-range></nlm-citation>
</ref>
<ref id="B6">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bosworth]]></surname>
<given-names><![CDATA[Barry]]></given-names>
</name>
<name>
<surname><![CDATA[Burtless]]></surname>
<given-names><![CDATA[Gary]]></given-names>
</name>
<name>
<surname><![CDATA[Sabelhaus]]></surname>
<given-names><![CDATA[John]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The Decline in Saving: Evidence from Household Surveys]]></article-title>
<source><![CDATA[Brookings Papers on Economic Activity]]></source>
<year>1991</year>
<publisher-loc><![CDATA[Washington ]]></publisher-loc>
<publisher-name><![CDATA[Brookings Institution]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B7">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Browning]]></surname>
<given-names><![CDATA[Martin]]></given-names>
</name>
<name>
<surname><![CDATA[Lusardi]]></surname>
<given-names><![CDATA[Annamaria]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Household Saving: Micro Theories and Micro Facts]]></article-title>
<source><![CDATA[Journal of Economic Literature]]></source>
<year>1996</year>
<volume>34</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>1797-855</page-range></nlm-citation>
</ref>
<ref id="B8">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Butelmann]]></surname>
<given-names><![CDATA[Andera]]></given-names>
</name>
<name>
<surname><![CDATA[Gallego]]></surname>
<given-names><![CDATA[Francisco]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Ahorro de los hogares en Chile: evidencia microeconómica]]></article-title>
<source><![CDATA[Economía Chilena]]></source>
<year>2000</year>
<volume>3</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>5-24</page-range></nlm-citation>
</ref>
<ref id="B9">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Butelmann]]></surname>
<given-names><![CDATA[Andera]]></given-names>
</name>
<name>
<surname><![CDATA[Gallego]]></surname>
<given-names><![CDATA[Francisco]]></given-names>
</name>
</person-group>
<source><![CDATA[Estimaciones de los determinantes del ahorro voluntario de los hogares en Chile (1988 y 1997)]]></source>
<year>2001</year>
<page-range>1-44</page-range></nlm-citation>
</ref>
<ref id="B10">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Campbell]]></surname>
<given-names><![CDATA[John]]></given-names>
</name>
<name>
<surname><![CDATA[Mankiw]]></surname>
<given-names><![CDATA[Gregory]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Permanent Income, Current Income, and Consumption]]></article-title>
<source><![CDATA[Journal of Business y Economic Statistics]]></source>
<year>1990</year>
<volume>8</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>265-79</page-range></nlm-citation>
</ref>
<ref id="B11">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Ceballos]]></surname>
<given-names><![CDATA[Owen E.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Ahorro, crédito y acumulación de activos en presencia de adultos mayores y contingencias económicas]]></article-title>
<source><![CDATA[Sobre México. Temas en Economía]]></source>
<year>2015</year>
<volume>1</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>4-24</page-range></nlm-citation>
</ref>
<ref id="B12">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Chen]]></surname>
<given-names><![CDATA[Chien-Liang]]></given-names>
</name>
<name>
<surname><![CDATA[Kuan]]></surname>
<given-names><![CDATA[Chung-Ming]]></given-names>
</name>
<name>
<surname><![CDATA[Lin]]></surname>
<given-names><![CDATA[Chu-Chia]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Saving and housing of Taiwanese households: New evidence from quantile regression analyses]]></article-title>
<source><![CDATA[Journal of Housing Economics]]></source>
<year>2007</year>
<volume>16</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>102-26</page-range></nlm-citation>
</ref>
<ref id="B13">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Chernozhukov]]></surname>
<given-names><![CDATA[Victor]]></given-names>
</name>
<name>
<surname><![CDATA[Fernández-Val]]></surname>
<given-names><![CDATA[Iván]]></given-names>
</name>
<name>
<surname><![CDATA[Kowalski]]></surname>
<given-names><![CDATA[Amanda E.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Quantile regression with censoring and endogeneity]]></article-title>
<source><![CDATA[Journal of Econometrics]]></source>
<year>2015</year>
<volume>186</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>201-21</page-range></nlm-citation>
</ref>
<ref id="B14">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Chowa]]></surname>
<given-names><![CDATA[Gina A. N.]]></given-names>
</name>
<name>
<surname><![CDATA[Masa D.]]></surname>
<given-names><![CDATA[Rainier]]></given-names>
</name>
<name>
<surname><![CDATA[Ansong]]></surname>
<given-names><![CDATA[David]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Determinants of Saving among Low-Income Individuals in Rural Uganda: Evidence from Assets Africa]]></article-title>
<source><![CDATA[Advances in Applied Sociology]]></source>
<year>2012</year>
<volume>2</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>280-91</page-range></nlm-citation>
</ref>
<ref id="B15">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Coronado]]></surname>
<given-names><![CDATA[Julia L.]]></given-names>
</name>
</person-group>
<source><![CDATA[The Effects of Social Security Privatization on Household Saving: Evidence from the Chilean Experience]]></source>
<year>1998</year>
<publisher-name><![CDATA[Board of Governors of the Federal Reserve System Finance and Economics Discussion]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B16">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[De Nardi]]></surname>
<given-names><![CDATA[Mahacristina]]></given-names>
</name>
<name>
<surname><![CDATA[French]]></surname>
<given-names><![CDATA[Eric]]></given-names>
</name>
<name>
<surname><![CDATA[Jones]]></surname>
<given-names><![CDATA[John B.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Why Do the Elderly Save? The Role of Medical Expenses]]></article-title>
<source><![CDATA[Journal of Political Economy]]></source>
<year>2010</year>
<volume>118</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>39-75</page-range></nlm-citation>
</ref>
<ref id="B17">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Deaton]]></surname>
<given-names><![CDATA[Angus]]></given-names>
</name>
</person-group>
<source><![CDATA[Understanding Consumption]]></source>
<year>1992</year>
<publisher-loc><![CDATA[Oxford ]]></publisher-loc>
<publisher-name><![CDATA[Clarendon]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B18">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Deaton]]></surname>
<given-names><![CDATA[Angus]]></given-names>
</name>
</person-group>
<source><![CDATA[The Analysis of Households Surveys: A Microeconometric Approach to Development Policy]]></source>
<year>1997</year>
<publisher-loc><![CDATA[Baltimore ]]></publisher-loc>
<publisher-name><![CDATA[Johns Hopkins University Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B19">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Denizer]]></surname>
<given-names><![CDATA[Ceudet]]></given-names>
</name>
<name>
<surname><![CDATA[Wolf C.]]></surname>
<given-names><![CDATA[Holger]]></given-names>
</name>
</person-group>
<source><![CDATA[Household Savings in Transition Economies]]></source>
<year>1998</year>
</nlm-citation>
</ref>
<ref id="B20">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Duncan]]></surname>
<given-names><![CDATA[Thomas]]></given-names>
</name>
</person-group>
<source><![CDATA[The Distribution of Income and Expenditure within the Household]]></source>
<year>1993</year>
<publisher-loc><![CDATA[New Haven, Connecticut ]]></publisher-loc>
<publisher-name><![CDATA[Yale University, Economic Growth Center]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B21">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Dynan]]></surname>
<given-names><![CDATA[Karen E.]]></given-names>
</name>
<name>
<surname><![CDATA[Skinner]]></surname>
<given-names><![CDATA[Jonathan]]></given-names>
</name>
<name>
<surname><![CDATA[Zeldes]]></surname>
<given-names><![CDATA[Stephen P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Do the Rich Save More?]]></article-title>
<source><![CDATA[Journal of Political Economy]]></source>
<year>2004</year>
<volume>112</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>397-444</page-range></nlm-citation>
</ref>
<ref id="B22">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Espenshade]]></surname>
<given-names><![CDATA[Thomas J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The impact of children on household saving: Age effects versus family size]]></article-title>
<source><![CDATA[Population Studies]]></source>
<year>1975</year>
<volume>29</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>123-5</page-range></nlm-citation>
</ref>
<ref id="B23">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Flavin]]></surname>
<given-names><![CDATA[Marjorie A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The Adjustment of Consumption to Changing Expectations about Future Income]]></article-title>
<source><![CDATA[Journal of Political Economy]]></source>
<year>1981</year>
<volume>89</volume>
<page-range>974-1009</page-range></nlm-citation>
</ref>
<ref id="B24">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Friedman]]></surname>
<given-names><![CDATA[Milton]]></given-names>
</name>
</person-group>
<source><![CDATA[A Theory of the Consumption Function]]></source>
<year>1957</year>
<publisher-loc><![CDATA[New Jersey ]]></publisher-loc>
<publisher-name><![CDATA[Princeton University]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B25">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Fuentes]]></surname>
<given-names><![CDATA[Ricardo]]></given-names>
</name>
<name>
<surname><![CDATA[Villagómez]]></surname>
<given-names><![CDATA[Alejandro]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[El ahorro en los hogares de bajos ingresos en México: un análisis por cohortes]]></article-title>
<source><![CDATA[El Trimestre Económico]]></source>
<year>2001</year>
<volume>68</volume>
<numero>269</numero>
<issue>269</issue>
<page-range>109-33</page-range></nlm-citation>
</ref>
<ref id="B26">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hall]]></surname>
<given-names><![CDATA[Robert E.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence]]></article-title>
<source><![CDATA[Journal of Political Economy]]></source>
<year>1978</year>
<volume>86</volume>
<numero>6</numero>
<issue>6</issue>
<page-range>971-87</page-range></nlm-citation>
</ref>
<ref id="B27">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hammer]]></surname>
<given-names><![CDATA[Jeffrey S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Population Growth and Savings in ldcs: A Survey Article]]></article-title>
<source><![CDATA[World Development]]></source>
<year>1986</year>
<volume>14</volume>
<numero>5</numero>
<issue>5</issue>
<page-range>579-91</page-range></nlm-citation>
</ref>
<ref id="B28">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hira Tabira]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
<name>
<surname><![CDATA[Loibl]]></surname>
<given-names><![CDATA[Cäzilia]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Gender Differences in Investment Behavior]]></article-title>
<person-group person-group-type="editor">
<name>
<surname><![CDATA[Xiao]]></surname>
<given-names><![CDATA[Jing J.]]></given-names>
</name>
</person-group>
<source><![CDATA[Handbook of Consumer Finance Research]]></source>
<year>2008</year>
<page-range>253-70</page-range><publisher-loc><![CDATA[New York ]]></publisher-loc>
<publisher-name><![CDATA[Springer]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B29">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hurd]]></surname>
<given-names><![CDATA[Michael D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Savings of the Elderly and Desired Bequest]]></article-title>
<source><![CDATA[The American Economic Review]]></source>
<year>1987</year>
<volume>77</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>298-312</page-range></nlm-citation>
</ref>
<ref id="B30">
<nlm-citation citation-type="book">
<collab>INEGI</collab>
<source><![CDATA[ENIGH 2008, Nueva construcción. Ingresos y gastos de los hogares]]></source>
<year>2009</year>
<publisher-name><![CDATA[INEGI]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B31">
<nlm-citation citation-type="">
<collab>INEGI</collab>
<source><![CDATA[Encuesta Nacional de Ingresos y Gastos de los Hogares 2016, Diseño conceptual y definición de categorías y variables]]></source>
<year>2017</year>
</nlm-citation>
</ref>
<ref id="B32">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Khan]]></surname>
<given-names><![CDATA[Khalid]]></given-names>
</name>
<name>
<surname><![CDATA[Ali]]></surname>
<given-names><![CDATA[Muhammad]]></given-names>
</name>
<name>
<surname><![CDATA[Nishat]]></surname>
<given-names><![CDATA[Mohammed]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Estimation of Consumption function under the PIH: Evidence from Pakistan]]></article-title>
<source><![CDATA[Kashmir Economic Review]]></source>
<year>2010</year>
<volume>19</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>91-6</page-range></nlm-citation>
</ref>
<ref id="B33">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Liberda]]></surname>
<given-names><![CDATA[Barbara Z.]]></given-names>
</name>
<name>
<surname><![CDATA[Górecki]]></surname>
<given-names><![CDATA[Brunon]]></given-names>
</name>
<name>
<surname><![CDATA[P&#281;czkowski]]></surname>
<given-names><![CDATA[Marek]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Saving from Permanent and Transitory Income. The Case of Polish Households]]></article-title>
<source><![CDATA[Ekonomia journal]]></source>
<year>2004</year>
<volume>14</volume>
<page-range>7-21</page-range></nlm-citation>
</ref>
<ref id="B34">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Manitsaris]]></surname>
<given-names><![CDATA[Athanasios]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Estimating the European Union Consumption Function under the Permanent Income Hypothesis]]></article-title>
<source><![CDATA[International Research Journal of Finance and Economics]]></source>
<year>2006</year>
<volume>2</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>1450-2887</page-range></nlm-citation>
</ref>
<ref id="B35">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Minh]]></surname>
<given-names><![CDATA[Nguyen T.]]></given-names>
</name>
<name>
<surname><![CDATA[Nhat]]></surname>
<given-names><![CDATA[Nguyen H.]]></given-names>
</name>
<name>
<surname><![CDATA[Anh]]></surname>
<given-names><![CDATA[Trinh T.]]></given-names>
</name>
<name>
<surname><![CDATA[Duc]]></surname>
<given-names><![CDATA[Phung M.]]></given-names>
</name>
<name>
<surname><![CDATA[Son]]></surname>
<given-names><![CDATA[Le T.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Demographics and Saving Behavior of Households in Rural Areas of Vietnam: An Empirical Analysis]]></article-title>
<source><![CDATA[Journal of Economics and Development]]></source>
<year>2013</year>
<volume>15</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>5-18</page-range></nlm-citation>
</ref>
<ref id="B36">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Modigliani]]></surname>
<given-names><![CDATA[Franco]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Life cycle, individual thrift, and the wealth of nations]]></article-title>
<source><![CDATA[The American Economic Review]]></source>
<year>1986</year>
<volume>76</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>297-313</page-range></nlm-citation>
</ref>
<ref id="B37">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Modigliani]]></surname>
<given-names><![CDATA[Franco]]></given-names>
</name>
<name>
<surname><![CDATA[Brumberg]]></surname>
<given-names><![CDATA[Richard]]></given-names>
</name>
</person-group>
<source><![CDATA[Utility Analysis and the Consumption Function: an Interpretation of Cross-section Data]]></source>
<year>1954</year>
<publisher-loc><![CDATA[New Brunswick ]]></publisher-loc>
<publisher-name><![CDATA[Rutgers University Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B38">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Montes]]></surname>
<given-names><![CDATA[Andrés]]></given-names>
</name>
<name>
<surname><![CDATA[Villagómez]]></surname>
<given-names><![CDATA[Alejandro]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[El efecto de los hijos sobre el ahorro de los hogares mexicanos]]></article-title>
<source><![CDATA[Economía Mexicana, nueva época]]></source>
<year>2002</year>
</nlm-citation>
</ref>
<ref id="B39">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Nava]]></surname>
<given-names><![CDATA[Isalia]]></given-names>
</name>
<name>
<surname><![CDATA[Brown]]></surname>
<given-names><![CDATA[Flor]]></given-names>
</name>
<name>
<surname><![CDATA[Domínguez]]></surname>
<given-names><![CDATA[Lilia]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[¿Hasta qué punto los patrones del ahorro son distintos entre mujeres y hombres?]]></article-title>
<person-group person-group-type="editor">
<name>
<surname><![CDATA[Domínguez]]></surname>
<given-names><![CDATA[Lilia]]></given-names>
</name>
<name>
<surname><![CDATA[Brown]]></surname>
<given-names><![CDATA[Flor]]></given-names>
</name>
</person-group>
<source><![CDATA[México, mujeres y economía]]></source>
<year>2013</year>
<page-range>119-61</page-range><publisher-loc><![CDATA[México ]]></publisher-loc>
<publisher-name><![CDATA[UNAM, ONUMUJERES]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B40">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Nava]]></surname>
<given-names><![CDATA[Isalia]]></given-names>
</name>
<name>
<surname><![CDATA[Brown]]></surname>
<given-names><![CDATA[Flor]]></given-names>
</name>
<name>
<surname><![CDATA[Domínguez]]></surname>
<given-names><![CDATA[Lilia]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Diferencias de género en los factores asociados al ahorro de los hogares en México]]></article-title>
<source><![CDATA[Estudios Demográficos y Urbanos]]></source>
<year>2014</year>
<volume>29</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>301-39</page-range></nlm-citation>
</ref>
<ref id="B41">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Poterba]]></surname>
<given-names><![CDATA[James M.]]></given-names>
</name>
</person-group>
<source><![CDATA[International Comparisons of Household Saving]]></source>
<year>1994</year>
<publisher-loc><![CDATA[Chicago ]]></publisher-loc>
<publisher-name><![CDATA[The University of Chicago Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B42">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Raut]]></surname>
<given-names><![CDATA[Laxmi]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Demographic Links to Savings in Life Cycle Models: Identification of Issues for ldcs]]></article-title>
<source><![CDATA[The Indian Economic Journal]]></source>
<year>1989</year>
<volume>40</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>116-38</page-range></nlm-citation>
</ref>
<ref id="B43">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Rosenzweig]]></surname>
<given-names><![CDATA[Mark R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Savings behavior in low-income countries]]></article-title>
<source><![CDATA[Oxford Review of Economic Policy]]></source>
<year>2001</year>
<volume>17</volume>
<page-range>40-54</page-range></nlm-citation>
</ref>
<ref id="B44">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Seguino]]></surname>
<given-names><![CDATA[Stephanie]]></given-names>
</name>
<name>
<surname><![CDATA[Floro]]></surname>
<given-names><![CDATA[M. Sagrario]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Does Gender have any Effect on Aggregate Saving? An empirical analysis]]></article-title>
<source><![CDATA[Internacional Review of Applied Economics]]></source>
<year>2003</year>
</nlm-citation>
</ref>
<ref id="B45">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Solís]]></surname>
<given-names><![CDATA[Fernando]]></given-names>
</name>
<name>
<surname><![CDATA[Villagómez]]></surname>
<given-names><![CDATA[Alejandro]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Ahorro y pensiones en México: un estudio al nivel de las familias]]></article-title>
<source><![CDATA[Economía Mexicana, nueva época]]></source>
<year>1999</year>
<volume>8</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>339-66</page-range></nlm-citation>
</ref>
<ref id="B46">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Székely]]></surname>
<given-names><![CDATA[Miguel]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Monto y distribución del ahorro de los hogares en México]]></article-title>
<source><![CDATA[El Trimestre Económico]]></source>
<year>1998</year>
<volume>65</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>263-313</page-range></nlm-citation>
</ref>
<ref id="B47">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Tobin]]></surname>
<given-names><![CDATA[James]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Liquidity Preference as Behavior Towards Risk]]></article-title>
<source><![CDATA[Review of Economy Studies]]></source>
<year>1958</year>
<volume>25</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>65-86</page-range></nlm-citation>
</ref>
<ref id="B48">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Valles]]></surname>
<given-names><![CDATA[Yearim]]></given-names>
</name>
<name>
<surname><![CDATA[Aguilar]]></surname>
<given-names><![CDATA[Alberto]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[El ahorro en México: evidencia en hogares]]></article-title>
<source><![CDATA[Estudios Económicos]]></source>
<year>2015</year>
<volume>3</volume>
<page-range>41-72</page-range><publisher-name><![CDATA[CNBV]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B49">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Vicéns]]></surname>
<given-names><![CDATA[Otero J.]]></given-names>
</name>
<name>
<surname><![CDATA[Sánchez]]></surname>
<given-names><![CDATA[Reyes B.]]></given-names>
</name>
</person-group>
<source><![CDATA[Regresión cuantílica: estimación y contrastes]]></source>
<year>2012</year>
</nlm-citation>
</ref>
<ref id="B50">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Villagómez]]></surname>
<given-names><![CDATA[Alejandro]]></given-names>
</name>
<name>
<surname><![CDATA[Montes]]></surname>
<given-names><![CDATA[Andrés]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[El efecto de los hijos sobre el ahorro de los hogares mexicanos]]></article-title>
<source><![CDATA[Economía Mexicana, nueva época]]></source>
<year>2002</year>
</nlm-citation>
</ref>
</ref-list>
</back>
</article>
