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 …

savings andensuring the access to savings against natural disaster shocks, and sheds light on welfareimplications of early …

China's high national savings rate-one of the highest in the world-is at the heart of its external/internal imbalances …. High savings finance elevated investment when held domestically, or lead to large external imbalances when they flow abroad …. Today, high savings mostly emanate from the household sector, resulting from demographic changes induced by the one …

reassess national savings behavior, with greater prominence and more careful consideration given to the role played by changing … literature. Going further, we simulate global savings behavior based on our framework and find that China's demographics should … decades, individual countries' convergence toward the simulated savings pattern will be influenced by their past divergences …

countries differ in their population growth and mortality risk. Besides exploring the implications of demographics for saving …

retirement age is key, but by itself will not provide sufficient savings to close the pension system financing gap, and reforms …