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This study explores the relationship between demographic factors and saving rates using a panel dataset covering 110 countries between 1963 and 2012. In line with predictions from theory, this paper finds that lower dependency rates and greater longevity increase domestic saving rates. However,...
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savings does not fully close the negative estimated private saving gap, reducing it by less than 1 percentage point. No gap is …
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Savings behaviour seems to exhibit heterogeneity across nations, and within nations, too. Large changes in saving rates … tradition in the savings literature that separates people into two groups: those who behave soberly (ants), and those who act in … persist? Our aim is to provide a model that exhibits the arbitrariness of savings by exploring the two-types idea, and also …
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