, explain a large part of the diversity in savings behavior in Asia across eight countries as well as over time. Inflation and …This paper shows how growth and demography, two important determinants of the savings rate in the life-cycle approach … save. The paper also finds evidence in favor of the error-correction formulation under which the savings rate varies …

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 …

In the next 30-40 years, past changes in fertility and mortality will lead to a significant increase in the share of … the elderly. This study suggests that these demographic trends may lead to a decline in the G-7 private savings rate after …

strengthening in domestic savings and rise in domestic investment permanent, auguring well for accelerated growth within a …

The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living …-cyclical. Within the Asia-Pacific small states group, the micro states are subject to more vulnerability and macroeconomic volatility … than the rest of the Asia-Pacific small states …

schemes are likely to result in insufficient savings without tax incentives. Even then, voluntary accounts are unlikely to …