consumption and saving are consistent with life-cycle theory. The patterns of consumption and saving across households of … household consumption tracks income closely. and this evidence casts doubt on simple life-cycle theory …

This paper analyzes the determinants of savings in the world economy, and discusses why saving ratios have been so … uneven across countries. A distinction is made between private and government savings, using panel data for 36 countries …, from 1970 to 1992. In particular, it is assumed that government savings are not completely exogenous, and respond to both …

estimates the association between changes in the share of working-age population with per capita growth, savings, and poverty … gross domestic product per capita growth by more than one percentage point, with similarly positive effects on savings and …

The study investigated the determinants of national savings by employing the Johansen cointegration technique and error … in the long run, income and terms of trade have a positive and significant impact on savings while dependency ratio …, political instability and the real interest rate have a negative impact on savings. In the short run however, only terms of …

estimates the association between changes in the share of working-age population with per capita growth, savings, and poverty … gross domestic product per capita growth by more than one percentage point, with similarly positive effects on savings and …