Showing 1 - 8 of 8
appears due, in large part, to our compulsory savings institutions, the Social Security and private pension systems. These …
Persistent link: https://www.econbiz.de/10012478496
the last five years cast significant doubt on the proposition that the timing of taxes does not affect national savings …
Persistent link: https://www.econbiz.de/10012476925
transfers for U.S. savings. Modigliani's paper is the latest salvo in a long running debate over the importance of … intergenerational transfers in explaining savings behavior. While Modigliani corrects an algebraic error of minor consequences in our …
Persistent link: https://www.econbiz.de/10012477249
This paper reviews a number of issues relating to the policy goal of increasing national savings. The first section … considers the measurement and definition of national savings. Comparisons of current US savings rates with those of other … policy can increase natianal savings. While most discussion has centered on the effects of changes in the rate of return …
Persistent link: https://www.econbiz.de/10012477370
This paper reviews theoretical argumrents and empirical evidence regarding the interest elasticity of savings. It … savings. Moreover, the empirical rrethods used in most previous studies are likely to produce underestimates of the … interestelasticity of savings. New evidence based on direct estimation of utility function parameters suggests that savings are likely to …
Persistent link: https://www.econbiz.de/10012477741
. Theoretical analysis using a variety of standard models tends to suggest that the aggregate response to savings incentives is … response of savings to changes in the rate of return …
Persistent link: https://www.econbiz.de/10012478110
"hump" savings. A major difference between this study and previous investigations of this issue is the use of more accurate … savings. This paper suggests the importance of and need for substantially greater research and data collection on … intergenerational transfers. fife-cycle models of savings that emphasize savings for retirement as the dominant form of apical …
Persistent link: https://www.econbiz.de/10012478700
Compared to the U.S. national accounts, the Japanese accounts understate consumption and government spending, and therefore overstate the national saving rate. Recently, Hayashi has recalculated Japan's national saving according to the American Department of Commerce definition and found that...
Persistent link: https://www.econbiz.de/10012475321