Post Keynesian stagnation theory argues that slower population growth dampens consumption and investment. A New …

Post Keynesian stagnation theory argues that slower population growth dampens consumption and investment. A New …

households, focusing on the dramatic change of the household savings rate since 1998, from high to low savings. The literature …This paper scrutinizes the role of prolonged, expansionary monetary policy on the savings behavior of Japanese … monetary policy had a significant impact on Japan's household behavior via the interest rate channel and the redistribution …

longevity - or expectations thereof - puts downward pressure on the real interest rate, as agents build up their savings in … retirees to workers). Because retirees save less than workers, this compositional effect lowers the aggregate savings rate and …

savings is influenced by fluctuations in the volatilities of disturbances that hit the economy. It uses a simple New Keynesian …-forming preferences raise risk aversion, increasing the importance of the precautionary savings channel through which volatility …