the estimated model to evaluate the contribution of life-cycle, bequest, and precautionary motives to total savings. We …

savings response to a permanent increase in income tax. In 2015, Singapore marginally raised the income taxes on high … savings downward. The pattern is prevalent across consumer demographics, and is unexplained by consumer inattentiveness …

in opposing forces on savings: mortality increases, which reduces savings, and long-term illness risk increases, which … enhances savings. We use a two period life-cycle model with uncertain lifetime including perceived HIV contamination risk to … illustrate both the opposing effects of the HIV epidemic on individual savings and test the predictions of our model with data …

virtually every type of household. However, precautionary savings account for only 8 percent of total wealth holdings. Even …

This paper studies the effects that borrowing constraints have on savings and growth and argues that, though they … increase savings, their effect on growth is ambiguous. Empirical evidence on the extent of borrowing constraints as well as … savings, investment, human capital accumulation and growth performance for industrialized countries is presented. A simple …