Lindh, Thomas; Malmberg, Bo - Nationalekonomiska Institutionen, Uppsala Universitet - 1999
. The reason is different effects on saving and investment from cohort-size variation. In a panel of annual OECD data 1960 …-1995, we find that the age effects on saving are similar to results on world samples but the effects on investment are very … different. The respective age profiles of saving and investment are much more similar in the OECD sample. This may be one factor …