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In this survey, I summarize and evaluate the extant literature concerning taxation and personal saving. I describe the … theoretical models that economists have used to depict saving decisions, and I explore the positive and normative implications of … of saving. The central normative question is whether and to what extent it is desirable to tax the economic returns to …
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In this paper, we analyze the saving motives of European households using micro-data from the Household Finance and … Consumption Survey (HFCS), which is conducted by the European Central Bank. We find that the rank ordering of saving motives … most important saving motive of European households when the proportion of households saving for each motive is used as the …
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This study aims to analyze the Keynes' investment and saving model in Indonesia from 1981 to 2018. The researchers use … demonstrates that there is no short-run causal relationship between these two variables. In the short-run, the increase in saving … affects the consumption loans more compared to the investment loans. Besides, increased consumption compared to saving has …
Persistent link: https://www.econbiz.de/10014466431
This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate among the wealthy, while owner-occupied housing is...
Persistent link: https://www.econbiz.de/10014564314
currently arising is that cooperatives have started to lose the principles of kinship, especially savings and loan cooperatives … study wants to identify the effect of savings and loan cooperatives in improving people's welfare and increasing the … performance of businesses. Regression analysis shows that the use of credit savings and loan cooperatives can have a positive …
Persistent link: https://www.econbiz.de/10013489734
-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in … the current and recent recessions. We show empirically that these saving spikes were short-lived and common to all working … times. We show that the rise in the aggregate savings ratio is driven by increases in uncertainty, rather than tightening of …
Persistent link: https://www.econbiz.de/10009530241