This paper develops and tests a model of Japan’s household savings rate, based on the life-cycle hypothesis that the … primary motive for savings is provision for retirement. The paper shows that Japan’s high household savings rate in recent … improvements in public pension benefits and the aging of the population. It projects that the savings rate will decline …

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 …

This paper explores the interaction between corporate ownership concentration and private savings, and by extension …, the current account balance in Germany. As high corporate savings largely reflected capital income accruing to wealthy … widening top income inequality, rising private savings and compressed consumption rates. Rising corporate profits in an …

The effect of the tax treatment of IRA/401(k)s on U.S. personal saving is examined using household survey data from the … share of assets held in the form of pension savings, at the expense of saving in the form of housing equity. Some evidence … also was found to suggest that the tax treatment of pension savings similarly affected the flow of saving. In particular …

This paper studies a panel of China''s provinces over the period 1996-2009 during which urban household saving rates … increase in real deposit rates may help lower household saving and boost domestic consumption …

1994/95 and 1999/2000 Household Budget Surveys. I employ synthetic cohort techniques to characterize the life cycle profile … of saving rates and to examine the response of household saving to house price appreciation. The analysis suggests that … households at the peak of their working lives have relatively low savings though there is no evidence of a generational savings …

, explained mainly by permanent income, has only increased moderately in the 1990s; household behavior—not corporate behavior …

From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to 1⁄4 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 …

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 …