remained stable during recent years. This may indicate that the transformation process has come to an end with regard to … savings. Is saving behaviour in EU-accession countries now driven by the same forces as it is in market economies? We use a …

The paper seeks to add to the existing literature on aggregate and private savings by focusing on transition economies …, aggregate and private savings are driven by almost the same forces - this is the central focus of the paper. The most important …

uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the … uncompensated interest rate elasticity for savings, in line with the literature, to around zero. Accordingly, any policy …-induced variation of net returns to savings is expected to have no significant effects on the level of savings. Moreover, we find …

; savings glut ; monetary policy ; policy coordination …

persistence. -- Precautionary savings ; unemployment insurance ; long-term unemployment ; income uncertainty …

This paper examines how families adjust their private old-age savings in response to a change in individual pension …): 1998, 2003 and 2008. All results indicate that families do not adjust their private old-age savings in response to the … does not crowd-out old-age private savings. Hence, child care pension benefits increase a mother's old-age income without …