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original one and a modified one with a high initial household savings rate. The results are compared with those of a static … models, the household savings rate is not constant, even in the BAU scenario. It is also responsive to changes in the rate of …In the vast majority of recursive dynamic CGE models, the savings rate is constant and exogenous. Intertemporal CGE …
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This paper analyzes the impact of monetary policy on household saving in Japan between 1993 and 2017. Using annual data … decades. The statistical analysis controls for household size as well as potential spatial effects in the transmission … mechanism of monetary policy on household saving. …
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This paper examines whether the determinants of household saving have changed over time and whether they are the same … specifications still perform strik ingly well and can explain the recent changes in household saving rates. As for the cross country … well to individual country samples. We found that household saving is still very sensitive to changes in inflation and real …
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