income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … pensions have a significant negative impact on savings motives with respect to old age. Concerning the effect on household … are drawn from the CentER Savings Survey, which consists of a representative and a highest-income-decile sample of Dutch …

-person households (e.g. with a husband and a wife) from the Dutch CentER Savings Survey, we find that wives find saving for old age more …

transfers (public health care expenditures and the generosity of pension systems) to the level of savings. A reduced-form model …

pension system induces higher savings across the life cycle and makes agents wealthier and thus more reluctant to accept low … determine the strength of each effect, we develop a life-cycle overlapping generations model with job search, savings and a …

crisis. The paper recommends obligatory private savings at a variable rate where the time path of the savings rate is chosen … so as to stabilize the sum of this rate and the pay-as-you-go contribution rate, given the time path of pensions as …

China’s growth is characterized by massive capital accumulation, made possible by high and increasing domestic savings …. In this paper we develop a model with the aim of explaining why savings rates have been high and increasing,and we … investigate the general equilibrium effects on capital accumulation and growth. We show that increased savings and capital …

sets of constraints that may hinder the adoption and effective usage of savings products and services by the poor …