Showing 1 - 10 of 294
From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to ¼ of disposable … income. We use household-level data to explain the postponing of consumption despite rapid income growth. Tracing cohorts … demographic groups, although the age-profile of savings has an unusual U-shaped pattern, with saving rates being the highest among …
Persistent link: https://www.econbiz.de/10012677609
INNOVATION AND LIBERALIZATION ON HOME EQUITY WITHDRAWAL ( HEW) AND SAVING -- IV. TRENDS IN HEWAND HOUSEHOLD SAVING ACROSS … COUNTRIES -- V. HOW DOES HEW AFFECT HOUSEHOLD SAVING? -- VI. ECONOMETRIC ANALYSIS -- VII. RECENT EXPERIENCE OF HEW IN AUSTRALIA …
Persistent link: https://www.econbiz.de/10012691040
Intro -- Contents -- I. INTRODUCTION -- II. WHO SAVES IN IRELAND? -- III. ARE HOUSEHOLD SAVINGS AFFECTED BY CAPITAL … GAINS IN HOUSING? -- IV. THE SPECIAL SAVINGS INCENTIVE ACCOUNTS -- V. CONCLUDING REMARKS -- APPENDIX I -- APPENDIX II …
Persistent link: https://www.econbiz.de/10012691166
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 …
Persistent link: https://www.econbiz.de/10015059250
(EMEs) and Frontier Market Economies (FMEs) from 2005 to 2021. Higher household debt levels and growth are associated with … household debt growth magnifies the impact of US dollar fluctuations on economic activity, with significant but less persistent … household debt dynamics in relatively developed EMEs …
Persistent link: https://www.econbiz.de/10015058702
We argue that the U.S. personal saving rate's long stability (from the 1960s through the early 1980s), subsequent steady decline (1980s - 2007), and recent substantial increase (2008 - 2011) can all be interpreted using a parsimonious 'buffer stock' model of optimal consumption in the presence...
Persistent link: https://www.econbiz.de/10009622528
We study the effects of permanent and temporary income shocks on precautionary saving and investment in a ""store-or-sow"" model of growth. High volatility of permanent shocks results in high precautionary saving in the safe asset and low investment, or a ""volatility trap."" Namely, big savers...
Persistent link: https://www.econbiz.de/10009615558
Household savings rates in the United States have recently crept up from all-time lows. Some have suggested that a …, our model predicts that such primary savings will increase, but only temporarily and modestly, as household assets … stabilize. As savings flows gradually accumulate, they help rebuild corporate net worth and hence firms' capacity to make capit …
Persistent link: https://www.econbiz.de/10012677868
We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor elicits increases in employment and output rather than only...
Persistent link: https://www.econbiz.de/10012677576
The purpose of this paper is to examine factors that have constrained South Africa's growth since the end of apartheid by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The study finds that sluggish investment has undermined...
Persistent link: https://www.econbiz.de/10012677704