Showing 1 - 10 of 354
The U.S. national savings rate has declined in the 1980s, with both public and private components falling. This paper … discusses that decline and whether a policy response is needed. The drop in the private savings rate appears to reflect factors … national savings. Illustrative calculations based on two alternative frameworks indicate that a net national saving rate …
Persistent link: https://www.econbiz.de/10014395902
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 …
Persistent link: https://www.econbiz.de/10012796301
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 …
Persistent link: https://www.econbiz.de/10012252060
, explained mainly by permanent income, has only increased moderately in the 1990s; household behavior—not corporate behavior …
Persistent link: https://www.econbiz.de/10014400422
household savings. In particular, income taxes are shown to affect negatively the household saving rate much more than …This paper analyzes anew the relationship between taxation and the household saving rate. On the basis of standard … savings and tax revenue data from, it provides compelling and robust empirical evidence of a powerful impact of taxes on …
Persistent link: https://www.econbiz.de/10014400672
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 …
Persistent link: https://www.econbiz.de/10014402380
United Kingdom. Mortgage market liberalization and innovation should reduce household cash flow and collateral constraints …
Persistent link: https://www.econbiz.de/10014402991
China’s household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U … and pension reforms can account for over half of the increase in the urban household savings rate in China since the mid … increase in income uncertainty. Interestingly, the permanent variance of household income remains stable while it is the …
Persistent link: https://www.econbiz.de/10014403089
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 …
Persistent link: https://www.econbiz.de/10014401821
Household savings behavior in China during the past 30 years has been studied by using econometric models with the time …
Persistent link: https://www.econbiz.de/10014396466