of policy priority is derived. Efficient tax policy ranks investment in human capital higher than investment in nonhuman …

view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to …

results suggest that the correlation between investment and savings depends on institutions, exchange rate risk and credit …

higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of … marriage and with lower savings rates in the presence of diseconomies of marriage. In the context of traditional gender roles … traditional gender roles and marital status to understanding cross-country variation in gender differentials in savings behavior …

policy consists in full deferral of income taxes on savings and a full taxation of interest. Mobility of the old calls for … savings in combination with full tax exemption on capital income …

impact of survival on the return of their savings. We also claim that because of its non-monetary form, effort is not … of annuitized savings is desirable for both types. This tax is higher for the low-survival individual. Under asymmetric …