Showing 1 - 10 of 2,500
This paper develops a dynamic, life-cycle, general equilibrium model to study the interdependent demographic, fiscal, and economic transition paths of China, Japan, the U.S., and the EU. Each of these countries/regions is entering a period of rapid and significant aging requiring major fiscal...
Persistent link: https://www.econbiz.de/10012767513
savings rate, banking system, financial markets, financial regulations, corporate governance, and public finances; and …
Persistent link: https://www.econbiz.de/10013117212
This paper examines issues of household saving, growth. and aging in Taiwan. The Taiwanese patterns of high income growth, declines in fertility, and increases in life expectancy all have implications for life-cycle saving. We use data from fifteen consecutive household income and expenditure...
Persistent link: https://www.econbiz.de/10013125763
, the composition of national savings, and the determinants of the evolution of household saving rates. During 2000 …. Corporate savings have surged across Asia during this period, becoming the main component of gross national savings in the … region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving …
Persistent link: https://www.econbiz.de/10013157915
This paper analyzes the determinants of savings in the world economy, and discusses why saving ratios have been so … uneven across countries. A distinction is made between private and government savings, using panel data for 36 countries …, from 1970 to 1992. In particular, it is assumed that government savings are not completely exogenous, and respond to both …
Persistent link: https://www.econbiz.de/10012774937
information from surveys of household spending and saving, reports of savings banks and insurance companies, water and sewer … authorities, and health commissioners to illuminate the connections between household savings and health improvements …
Persistent link: https://www.econbiz.de/10012955931
developing countries and emerging markets. This suggests that the lack of domestic savings is not the primary constraint on …
Persistent link: https://www.econbiz.de/10012771719
savings and investments were taxed in an arbitrary and unpredictable way, the credibility of a new regime could not be assumed …
Persistent link: https://www.econbiz.de/10013223610
Models of endogenous economic growth can generate long-term growth without relying on exogenous changes in technology or population. A general feature of these models is the presence of constant or increasing returns in the factors that can be accumulated. I use some models of this type to study...
Persistent link: https://www.econbiz.de/10013232139
This paper examines whether the observed cross-country correlation between aggregate saving rates and economic growth can be explained by models in which higher growth increases saving rates, rather than the other way around. The paper focusses on two explanations of why growth might increase...
Persistent link: https://www.econbiz.de/10013310138