The paper seeks to add to the existing literature on aggregate and private savings by focusing on transition economies …, aggregate and private savings are driven by almost the same forces - this is the central focus of the paper. The most important …

savings. Is saving behaviour in EU-accession countries now driven by the same forces as it is in market economies? We use a …

This paper extends the idea of using ex-ante risk measures in a model of precautionary savings by explicitly simulating … specific effects. I find evidence for precautionary savings in response to the uncertainty measures. The results are robust and …

uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the … uncompensated interest rate elasticity for savings, in line with the literature, to around zero. Accordingly, any policy …-induced variation of net returns to savings is expected to have no significant effects on the level of savings. Moreover, we find …

rates in the context of a simple model that takes into account the global external savings equilibrium. The simple model has … interesting implications for how one views the huge US current account deficit and how the emergence of China's savings surplus … from excess OPEC savings have facilitated the adjustment to the subprime crisis. …