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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 …
Persistent link: https://www.econbiz.de/10013479526
savings and insurance, may vary significantly by whether one receives care at home or in a nursing home. In this paper, we … savings and insurance valuation. The estimated marginal utility differences imply a significant increase in the incentives to …
Persistent link: https://www.econbiz.de/10014292102
to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure …
Persistent link: https://www.econbiz.de/10012213993
savings. Is saving behaviour in EU-accession countries now driven by the same forces as it is in market economies? We use a …
Persistent link: https://www.econbiz.de/10011436998
savings. Is saving behaviour in EU-accession countries now driven by the same forces as it is in market economies? We use a …
Persistent link: https://www.econbiz.de/10010324197
paper we study the effect of this developmenton the demand for second mortgages and on the savings of Dutch households. We …) the savings of renters that may be considered as would-beowners. We find a significant effect of home equity on the demand … for second mortgages.Savings of homeowners decrease when house prices accelerate. We find no evidence that inc …
Persistent link: https://www.econbiz.de/10010325002
sector, of the stock measure of savings (changes in net wealth). The latter estimates are found to be consistently greater … than the flow measures of household savings. Finally a series of adjustments are made to the flow measures of household and …
Persistent link: https://www.econbiz.de/10012115640
We use administrative data for Norway to estimate an incomplete-market life-cycle model of retired singles and couples with a bequest motive, health-dependent utility, and uncertain longevity and health. We allow the parameters of the bequest utility to differ between households with and without...
Persistent link: https://www.econbiz.de/10014581860
-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 …
Persistent link: https://www.econbiz.de/10010500212
, first, that even though financial sector development does not Granger-cause savings mobilization in Ghana, it induces … poverty reduction; and second, that savings do Granger-cause poverty reduction in Ghana. Also, the effect of financial sector … have not adequately channelled savings to the pro-poor sectors of the economy because of government deficit financing, high …
Persistent link: https://www.econbiz.de/10010284884