Wong, Benjamin; Ki Tang, Kam - In: International Journal of Social Economics 40 (2013) 6, pp. 591-605
‐age dependency ratio. Findings – Longevity consistently has a significant positive impact on savings, while old‐aged dependency rate … literature where old‐age dependency exerts a negative impact on savings is sensitive to the manner in which the data is handled … expanding longevity on savings, thus avoiding potential omitted variable bias in previous studies. Second, they explore non …