Saving behavior at the household level in Chile has not been analyzed in recent decades. Based on 1988 and 1996-1997 Chilean microeconomic evidence (Household Budget Survey), this article studies household saving behavior. The analysis is extended to incl

From its independence in 1810 until the Great Depression of the I930's Chile pursued essentially liberal trade policies. Isolated instances, as shown, for example, in Finance Minister Manuel Camilo Vial's remark in 1849, reveal protectionist arguments tha

This paper develops a multivariate analysis in order to study the determinants of the household saving rate. For this purpose, the paper uses two microeconomic databases for 1988 and 1996-1997. The main results of the paper support the conventional explanations of saving rates: more than 60% of...

Saving behavior at a micro level in Chile has not been analyzed in recent decades. Based on 1988 and 1996-7 Chilean microeconomic evidence (Household Budget Survey), we present an analysis of household’s saving behavior. The analysis is extended to include broader definitions of saving such as...