European households. We show that an increase in youth labor supply causes a rise in household savings. In response to an … increase in corporate equity, household savings experience a sustained decline, while a fall in interest rate translates into a … decline in savings. Using cross-sectional data from Europe between 1960 and 2020 to estimate the optimal saving function, we …

and researchers. This includes the use to estimate the offset between UPPE and savings (Feldstein 1974). Finally, we show …