This paper analyzes saving patterns and determinants in Latin America and the Caribbean (LAC), including key policy … variables and regimes. The review of previous empirical studies on LAC saving reveals contradictions and omissions. This paper … presents empirical results of an extensive search of determinants of private and public saving rates, adding previously …

It is well known that a pay-as-you-go (PAYG) pension system lowers saving, income, and welfare of future cohorts in a …-generations model. A PAYG system can raise long-term saving, income, and welfare in a two-sector economy if the formal sector (forced to … to raise long-term saving, income, and welfare levels …

This paper presents new evidence on the behavior of saving in the world, by extending previous empirical research in … including potential saving determinants identified by theory but not previously considered in the empirical literature. Fourth …, the paper explores differences in saving behavior nesting the 2008-10 crisis period and four different country groups …

coefficients are much lower, a puzzling result possibly explained by endogenous intersectoral saving and investment links; (iii …