tempered to avoid an inefficient level of capital accumulation …

This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing … for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that … neglecting heterogeneity and dynamics can lead to misleading inferences about the key determinants of savings behavior. The …

This Selected Issues paper examines the behavior of savings and investment from an Asian and Singaporean perspective …. It builds and estimates two econometric models that relate savings and investment to a range of macroeconomic and … notes that employment uncertainty did have a significant negative impact on consumption and raised precautionary savings. It …

This paper explores how tax policy affects the level and allocation of national savings in the United States. It argues … composition of savings and investment. The paper suggests various specific tax measures that would not only raise government … revenue but also enhance the efficiency of savings and investment …

A firm theoretical basis for the empirical relationship between dependency rates and savings behavior in developing …, and on the savings responsiveness to changes in the real interest rate …

closer integration of world capital markets. By reducing constraints on international capital flows, this movement makes the …

The U.S. national savings rate has declined in the 1980s, with both public and private components falling. This paper … discusses that decline and whether a policy response is needed. The drop in the private savings rate appears to reflect factors … national savings. Illustrative calculations based on two alternative frameworks indicate that a net national saving rate …

primary motive for savings is provision for retirement. The paper shows that Japan’s high household savings rate in recent …This paper develops and tests a model of Japan’s household savings rate, based on the life-cycle hypothesis that the … decades reflects the positive influence of rapid economic growth, leading to a prolonged retirement period through the wealth …