and an incentive to save more themselves. For this reason, unfunded private pensions differ fundamentally from the … unfunded Social Security pension and the other unfunded federal government civilian and military pensions …

little effect on savings rates. In many countries, however, retirement incentives in social security programs prevent … retirement ages from keeping pace with changes in life expectancy, leading to an increased need for life-cycle savings. Analyzing … a cross-country panel of macroeconomic data, we find that increased longevity raises aggregate savings rates in …

In view of the growth and popularity of defined contribution pensions, along with the government's growing attention to … rates and expense ratios, and we estimate this could lead to aggregate savings for these participants over a 20-year period …

) through both a savings channel and an effective labor supply channel. The effects can be quantitatively large if the …

China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account … surplus. The mainstream explanation for high corporate savings is a combination of windfall profits in state-owned firms … doubt on these views by comparing the savings of 1557 Chinese listed firms with those of 29330 listed firms from 51 other …