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 …

Domestic savings and investment are positively correlated across countries and through time, as Feldstein-Horioka (FH … relationship is causal: an exogenous rise in savings increases investment. This result holds in the full sample of countries and … endogeneity bias. The core of our identification strategy relies on the idea that population age structure influences savings, but …

This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing … for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that … neglecting heterogeneity and dynamics can lead to misleading inferences about the key determinants of savings behavior. The …

savings and tax revenue data from, it provides compelling and robust empirical evidence of a powerful impact of taxes on … household savings. In particular, income taxes are shown to affect negatively the household saving rate much more than …

The previous literature points to a high correlation between domestic rates of investment and savings among OECD … investment on the rate of domestic savings is statistically insignificant most of the time and generally smaller than 0.3 for any …

lower consumption and GDP growth. Consistent with a model of precautionary savings in the face of uncertainty, we find for a … panel of advanced economies that greater labor income uncertainty is significantly associated with higher household savings … precautionary savings motive …