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The effects of age and cohort on household saving
(30.08.2022)
BoF Economics Review 6/2022
BoF Economics Review 6/2022
According to the standard life cycle model, household saving rate should peak at the best working age and turn then to decline so that households dissolve their savings after retirement. This study examines, how age and ...
Has there been a change in household saving behavior in the low inflation and interest rate environment?
(10.05.2022)
BoF Economics Review 3/2022
BoF Economics Review 3/2022
This paper examines whether the determinants of household saving have changed over time and whether they are the same across countries. Using a cross-country data for 34 OECD countries for the 1970-2019, we find that ...