According to the standard life cycle model, household saving rate should peak at the best working age and turn then to decline so that households dissolve their savings after retirement. This study examines, how age and birth cohort affect the saving behavior of the Finnish households. A...

We study whether the level of household indebtedness is related to the interest rate elasticity of private consumption. Looking at Finnish aggregate data, we find no robust evidence of increased interest rate elasticity of private consumption even as the household sector's debt-to-income ratio...

This paper examines whether the determinants of household saving have changed over time and whether they are the same across countries. Using a cross-country data for 34 OECD countries for the 1970-2019, we find that traditional saving rate specifications still perform strik ingly well and can...

The COVID-19 pandemic has underlined the limitations of prevailing paradigms to effectively manage today’s complexities to advance sustainable development. In this context, open government and improved transparency in public management are necessary elements to build back better and ensure...

This study addresses a number of objectives for understanding the impact of COVID-19 pandemic on the Arab region. These objectives are as follows: What is the impact of COVID-19 on logistics sector and supply chain in the Arab region? What are the applicable supply chain resilience strategies...