savings in this model. Private saving and saving rates in the aging baseline are above the levels in the balanced growth path …

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 …

This paper explores the consequences of skill biased technological progress on the savings rates. The literature, both … burgeoned considerably. So has the literature on declining household savings, motivated by the American experience over the past … couple of decades. I present a general equilibrium model where declining savings rates emerges as an outcome of exogenously …

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 …

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 …

In an overlapping generations model, rents to human capital play a key role in increasing savings. In the absence of … because it allows inframarginal workers to earn rents on their human capital, which then increase savings. Public education is …

Erkenntnis, dass immobilienbezogene Entscheidungen langfristig über den gesamten Lebenszyklus zu treffen sind, damit ein …