We investigate the cyclicality of the private savings to GDP ratio for a panel of 19 OECD countries over the period … 1971-2009. We find robust evidence that the private savings ratio is countercyclical. Three theories unambiguously predict … a higher private savings ratio during recessions: a Ricardian offset effect, the presence of credit constraints, and …

Savings problem has become a crucial issue since it is one of the reasons of today's frequently … savings, overcoming inequality should be held as a prior economic and social policy. In this study, the relationship between … aggregate domestic savings as a ratio of GDP and GINI coefficient as an indicator of income inequality are tested under “Second …

The main objective of this paper is to understand domestic savings and investment in Indonesia. The level of savings in … Indonesia is relatively high by international standard. However, the savings through banking sector are more dominant than non …-banking savings. This leads to the scarcity of long-term savings which are essential for long-term investment, especially in …

paper we study the effect of this development on the demand for second mortgages and on the savings of Dutch households. We … investigate the effect of house prices on (i) the number and size of second mortgages, (ii) the savings of owner-occupiers and … (iii) the savings of renters that may be considered as would-be owners. We find a significant effect of home equity on the …

According to the National Accounts the German savings rate has increased continuously since 2001 after it fell … continuously from 1991. This increase was rather unexpected and hence it is interesting to analyse whether the savings rate of the … total population has increased or whether the increase in the aggregated savings rate has been due to the fact that the …

paper we study the effect of this developmenton the demand for second mortgages and on the savings of Dutch households. We …) the savings of renters that may be considered as would-beowners. We find a significant effect of home equity on the demand … for second mortgages.Savings of homeowners decrease when house prices accelerate. We find no evidence that inc …