Preface -- Chapter 1. Long-term interest rates: a survey / Council of Economic Advisors -- Chapter 2. The global saving …

A broad set of possible determinants of private saving behavior is examined, using data for a large sample of … partial offset on private saving of changes in public saving and (for developing countries) in foreign saving, that … demographics and growth are important determinants of private saving rates, and that interest rates and terms of trade have …

saving, and focus on whether the interest rate effect is dominated by the income (i.e., negative) or the substitution (i … saving only for a full-country sample and a group of Asian economies. We also examine if low real - or nominal - interest … rates have any impact on the link between the real interest rate and the private saving rate. We find that among developing …