decline as a share of the consumption needs of the elderly, leading to financial pressures to reduce their consumption. The …

This paper explores, from an investment-saving perspective, the factors underlying the persistent widening of the …

This paper reviews the literature on factors which affect saving and capital formation in industrialized countries …. Problems of measurement are briefly examined. Evidence of the effect on the rate of saving of real rates of return, income … redistribution, allocation of saving between corporations and individuals, growth of public and private pension plans, tax incentives …

This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …

We study the effects of permanent and temporary income shocks on precautionary saving and investment in a ""store …-or-sow"" model of growth. High volatility of permanent shocks results in high precautionary saving in the safe asset and low … shocks leads to low precautionary saving and high or low investment, depending on the volatility of temporary shocks …