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There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10003900319
-Economic Panel that we combine with geographic flood data, we compare the savings behavior of affected and non-affected individuals …
Persistent link: https://www.econbiz.de/10010516460
Life cycle savings is proposed as one explanation for much of the increase in savings and economic growth in Asia. The … association between the age composition of a nation's population and its savings rate, observed within 16 Asian countries from … savings is exogenous. Specification tests as well as common sense imply, moreover, that lagged savings is likely to be …
Persistent link: https://www.econbiz.de/10002592079
Persistent link: https://www.econbiz.de/10001869354
relationship. The growth indicators utilized are GDP per capita, schooling, overall and manufacturing productivities, and savings …
Persistent link: https://www.econbiz.de/10012623829
We use the elements of a macroeconomic production function - physical capital, human capital, labor, and technology - together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue that religion can enhance or impinge upon economic...
Persistent link: https://www.econbiz.de/10014391202
, the composition of national savings, and the determinants of the evolution of household saving rates. During 2000 …. Corporate savings have surged across Asia during this period, becoming the main component of gross national savings in the … region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving …
Persistent link: https://www.econbiz.de/10003879333
developing countries and emerging markets. This suggests that the lack of domestic savings is not the primary constraint on …
Persistent link: https://www.econbiz.de/10003697367
, savings, length of stay in the U.S., and citizenship status affect the probability of homeownership before the recession and …
Persistent link: https://www.econbiz.de/10009763229
This paper analyzes the relationship between individuals' locus of control and their savings behavior, i.e. wealth … accumulation, savings rates, and portfolio choices. Locus of control is a psychological concept that captures individuals' beliefs …-of-control gap in savings rates is largest among rich households, the gap in wealth accumulation is particularly large for poor …
Persistent link: https://www.econbiz.de/10010228778