The relationship between regional saving and investment is examined to measure the extent of capital mobility. The … relationship between total regional saving and investment is significantly negative in Canada and the United Kingdom, in contrast … poor regions. The relationship between personal saving and private investment is insignificant in the U.K. and Germany and …

Japan faces the problem of how to finance retirement, health, and long-term care expenditures as the population ages …

We study, both empirically and quantitatively, the role of savings and the labor supply in self-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 …

the elderly. This study suggests that these demographic trends may lead to a decline in the G-7 private savings rate after …

We study the effects of permanent and temporary income shocks on precautionary saving and investment in a ""store … investment, or a ""volatility trap."" Namely, big savers invest relatively little. In contrast, low volatility of permanent … shocks leads to low precautionary saving and high or low investment, depending on the volatility of temporary shocks …

account, driven by an initial, sharp decline in investment and fueled by medium term deleveraging, more so in advanced …