Search Results - subject:"savings RATE"

Liquidity Constraints of the Middle Class

Campbell, Jeffrey R. - 2018

Existing evidence from U.S. middle-class households shows that their MPCs out of tax rebates greatly exceed the PIH's prediction and are weakly related to their liquid assets. The standard precautionary-saving model predicts the first fact but counterfactually requires MPCs to decrease with...

Persistent link: https://www.econbiz.de/10012937496

The Chinese Saving Rate : Long-Term Care Risks, Family Insurance, and Demographics

Imrohoroglu, Ayse - 2018

A general equilibrium model that properly captures the risks in old age, the role of family insurance, changes in demographics, and the productivity growth rate is capable of generating changes in the national saving rate in China that mimic the data well. Our findings suggest that the...

Persistent link: https://www.econbiz.de/10012919650

Endogenous Savings Rate with Forward-Looking Households in a Recursive Dynamic CGE Model : Application to South Africa

Lemelin, Andre - 2018

In the vast majority of recursive dynamic CGE models, the savings rate is constant and exogenous. Intertemporal CGE … savings rate from intertemporal optimization, by solving a simplified form of their intertemporal problem. This approach we … original one and a modified one with a high initial household savings rate. The results are compared with those of a static …

Persistent link: https://www.econbiz.de/10012920812

Do Retirement Savings Increase in Response to Information About Retirement and Expected Pensions?

Dolls, Mathias - 2018

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system to study this question. As of 2005 (with a phase-in period between 2002-04), the German pension administration started to send out annual letters providing detailed and...

Persistent link: https://www.econbiz.de/10012925277

Saving Rates in Latin America : A Neoclassical Perspective

Fernàndez, Andrés - 2018

Latin American countries have long exhibited low levels of saving rates when compared to other countries in relatively similar stages of economic development (e.g., Asian economies). Motivated by this fact, this paper examines the time path of the saving rates between 1970 and 2010 in three...

Persistent link: https://www.econbiz.de/10012930048

From Saving Comes Having? Disentangling the Impact of Saving on Wealth Inequality

Bach, Laurent - 2018

This paper investigates the channels through which saving flows impact the dynamics of wealth inequality. The analysis relies on an administrative panel that reports the assets and income of every Swedish resident at the yearly frequency. We document that the saving rate, defined as saving from...

Persistent link: https://www.econbiz.de/10012931304

Les liens entre taux d'épargne, revenu et incertitude : une illustration sur données françaises

Antonin, Céline - 2018

Persistent link: https://www.econbiz.de/10012052027

The corporate saving glut and the current account in Germany

Klug, Thorsten; Mayer, Eric; Schuler, Tobias - 2018

We investigate for Germany the positive correlation between the corporate savings glut in the non-financial corporate sector and the current account surplus from a capital account perspective. By employing sign restrictions our findings suggest that mostly labor market, world demand and...

Persistent link: https://www.econbiz.de/10011962358

Household saving, financial constraints, and the current account in China

İmrohoroğlu, Ayşe; Zhao, Kai - 2018

Persistent link: https://www.econbiz.de/10011965160

Liquidity constraints of the middle class

Campbell, Jeffrey R.; Hercowitz, Zvi - 2018 - Revised version of CentER discussion paper no. 2015-009

Persistent link: https://www.econbiz.de/10011943721