to have low savings relative to investment, which depresses their capital outflows. This paper puts life-cycle theory to … these two regions. Youth rates depressed domestic savings significantly in both the MENA and GISP regions, while ageing as … well as population growth had a positive impact in the GISP region. Also, domestic savings significantly caused …

two decades. The demographic transition – to fewer babies and longer lives – took a century in Europe and North America … relatively low. Secondly, withdrawal of savings before retirement is very common. Thirdly, pension savings are often taken as … repeating many of the mistakes made in Europe and North America. But it will soon be too late. …

savings. To do this, we use an overlapping generations model (OLG) and annual data from 1980 to 2010. Econometric estimates … show that if the increase in the dependency ratio negatively affects the growth rate of savings, as predicted by the … lifecycle theory, longevity to the contrary tends to stimulate the same savings. However, it seems that the first effect …

develop a dynamic heterogeneous-agent model of household portfolio choice, where households are subject to uninsurable income … median household in the puzzle group. I argue that these results are a lower bound, and that the liquidity-need hypothesis is …

household panel data. As an example, it presents an estimation of the net number of people that rose above the $1/day poverty …

citizens would benefit, for three reasons, from pension saving in a risk-free savings account. First, citizens would have a … clear picture of the accumulation of their own pension savings throughout their working life. Second, they would pay hardly … no reasons why the European Union and individual member states should not allow individual risk-free pension savings …

a household portfolio held in investment assets. This study adds to the literature on psychological determinants of … optimal household portfolio allocation by providing evidence that the positive effects of self-esteem outweigh the negative …

problem. This study analyses the effect of household income and savings on loan refusal and the intensity of loan refusal in …Loan refusal has been a problem facing many loan applicants at the household level and this problem is not new to loan … income and savings inversely relate to loan refusal and the intensity of loan refusal at their respective significance levels …