Showing 1 - 10 of 897
savings are smaller than the short-run effects, with some savings financed via debt. I also review efforts to expand access to … employer-based retirement savings and liquid savings, the pros and cons of target date funds as default investment options …
Persistent link: https://www.econbiz.de/10014635616
This paper has two goals. First, we discuss several emerging approaches to applied welfare analysis under non-standard ("behavioral") assumptions concerning consumer choice. This provides a foundation for Behavioral Public Economics. Second, we illustrate applications of these approaches by...
Persistent link: https://www.econbiz.de/10012467161
This paper documents the life-cycle patterns of household portfolios in Canada, and investigates several hypotheses …
Persistent link: https://www.econbiz.de/10012467829
The persistence of high savings-investment correlations and home-country bias in portfolio construction at the national … level is contrasted with new evidence of savings behaviour in Canadian provinces. We confirm that national borders clearly … significant correlation between national savings and investment, among provinces that effect disappears. We discuss the …
Persistent link: https://www.econbiz.de/10012472187
This paper revises pre-World War II current account data for thirteen countries by treating gold flows on a consistent basis. The standard historical data sources often fail to distinguish between monetary gold exports, which are capital-account credits, and nonmonetary gold exports, which are...
Persistent link: https://www.econbiz.de/10012472711
particular? Britain placed half of her annual savings abroad during those seven years, and 76 percent of it went to the New World … countries of Canada, Australia, the USA, Argentina and the rest of Latin America. The resource abundant New World was endowed … analysis shows that these dependency burdens served to choke off domestic savings in the New World, thus creating an external …
Persistent link: https://www.econbiz.de/10012475065
In comparing Canada with the U.S., we first simulate the U.S. demographic transition, treating the U.S. as a closed … Canada simulations, Canada is assumed to be an open economy which takes the U.S. interest rate as given. The simulations … indicate that demographics are likely to have significant effects on rates of saving and taxation in both the U.S. and Canada …
Persistent link: https://www.econbiz.de/10012475628
account and the intertemporal savings and investment choices of its households, firms, and governments. In this paper, we … quarterly aggregate data in Canada and the United Kingdom. However, we also assess the economic significance of these … household saving in Canada and Britain …
Persistent link: https://www.econbiz.de/10012476846
Using unique survey and administrative data from the Canada Student Loans Program, we document that parental support … and personal savings substantially lower student loan repayment problems. We develop a theoretical model for studying … may be inefficient and lead to undesirable redistribution. Empirically, we demonstrate that expanding Canada's income …
Persistent link: https://www.econbiz.de/10012452858
pension system reform in Canada. In this paper, we draw on internationally comparable survey evidence on financial literacy … and retirement planning in Canada to investigate how financially literate Canadians are and who does plan for retirement … retirement savings …
Persistent link: https://www.econbiz.de/10012458370