crisis. The paper recommends obligatory private savings at a variable rate where the time path of the savings rate is chosen …

between factor- and personal-income distribution are studied in the light of existing analytic results from the precautionary-savings … literature, and by numerical solution experiments. Aggregate savings are an increasing function of non-accumulated income …

savings, investment, and labour supply in neoclassical models, and to the rate of unemployment in job search models. These …

relationship between aggregate fertility and household savings. First, we document that parents perceive children as an important … source of old-age support and that in partial equilibrium, increased fertility lowers household savings. Then, we construct … equilibrium effects can substantially overstate the effect of a change in aggregate fertility on households savings. …

borrowing and savings at unfavorable interest rates as well as the failure to undertake profitable and easily available …

In an overlapping generations model, rents to human capital play a key role in increasing savings. In the absence of … because it allows inframarginal workers to earn rents on their human capital, which then increase savings. Public education is …