Wong, Benjamin; Tang, Kam Ki - In: International Journal of Social Economics 40 (2013) May, pp. 591-605
literature where old-age dependency exerts a negative impact on savings is sensitive to the manner in which the data is handled …. The study takes into account the time series characteristic of the data, such as the deterministic trend present in old-age … dependency ratio. Findings – Longevity consistently has a significant positive impact on savings, while old-aged dependency rate …