Gibson, John K; Scobie, Grant M - Treasury, Government of New Zealand - 2001
HES is a series of cross-sectional surveys rather than a true panel, so we construct synthetic cohorts rather than … tracking individual households. We use a range of regression models to separate out the effect of age, birth-year cohort and … year on saving rates. The typical age profile for savings is hump-shaped, peaks around age 57 and does not become negative …