provides elderly assistance and is a source of savings for long-term investment. The pension systems in SSA, however, are …

We study interest rates transmission to savings at low and negative rates. Exploiting cohorts of consumers from a data …-rich multi-country survey, we show how the strength of interest rate transmission to savings varies with the level of nominal … levels, there is evidence that the savings response may even reverse sign. Such a "savings' reversal" is consistent with the …

This paper examines the national savings behaviour in the process of economic growth through a comparative analysis of … considerable differences in the savings behaviour among countries and over time within individual countries, notwithstanding the … 'model saver' image based on the average savings rate. The empirical analysis distinguishes between private and government …

savings and insurance valuation. The estimated marginal utility differences imply a significant increase in the incentives to …Marginal utility of financial resources when needing long-term care, and the related incentives for precautionary … savings and insurance, may vary significantly by whether one receives care at home or in a nursing home. In this paper, we …

within the Sub-Saharan African (SSA) economies. With a re-specified inter-temporal consumption framework, the savings … and techniques were employed. The long-run correlation of savings and investments were investigated with the use of robust … economies are significantly and substantially financed by global savings. This implies that global integration has increased in …

-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in … times. We show that the rise in the aggregate savings ratio is driven by increases in uncertainty, rather than tighening of …

current macroeconomic environment in the aftermath of the financial and economic crisis of 2008, even if an alleged “savings … the traditional German values of precaution, provision and savings—the Sparkultur, which has for more than 200 years been …

savings as well as a crisis-induced reduction in investment. Finishing the balance sheet recession can lead to a higher … this, structural reforms, which dampen the effects of demography on savings and on the natural real interest rate, are …

expenditure. We find support for these predictions in three field experiments that randomly assign reminders to new savings …

experiments show that the numerical effect on the savings rate of age structure changes is substantial when the indirect effects …