suggest that financial liberalization per se will not work unless enough flow of domestic savings exists in a country …

Purpose – This paper aims to delineate the short‐ and long‐run relationships between savings, real interest rate … cent increase in growth rate increases savings by over 0.07 and 0.5 per cent, respectively; a 1 per cent increase in the … CAD reduces savings rate by 0.01 and 0.02 per cent, respectively; and the negative coefficient on the real interest rate …

‐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 …