We study, both empirically and quantitatively, the role of savings and the labor supply inself-insurance channels over … social security benefits for the period 1995-2009. We find that both savings and the labor supply are quantitatively … adjustment to savings and labor supply have significant macroeconomic implications. Applying the model to China, we find that the …

bywidening top income inequality, rising private savings and compressed consumption rates.Rising corporate profits in an … environment of high business wealth concentration account for90 percent of the rise in the private savings rate and a third of the …

Historically high household debt in several economies is calling for a deleveraging, but according to some economists …, this paper finds evidence of a negative relationship between changes of household debt-to-income ratios and saving rates … suggest that the economic cost associated with household deleveraging may be overestimated and motivate a deleveraging via …

The paper looks into the puzzle of low household savings in three Southern European (SE3) countries – Cyprus, Greece … household savings in SE3 countries. Quantile regressions employed to analyze saving behavior across the distribution of … households suggest that targeted rather than universal policy intervention could improve household savings, especially of the …

of private savings are mostly the result of very strong macroeconomic performance. Econometric investigations using …