Determinants of household saving in the G-7 countries: recent evidence

Bharat R. Kolluri

32 citations0/0 files storedApplied Economics

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Financial Literacy, Pension, Retirement Analysis Monetary Policy and Economic Impact Economic Theory and Policy

Abstract

This paper employs data from the last four decades to analyse major determinants of household saving for the Group of Seven (G-7) nations. Particular attention is paid to the effects of interest rates, government saving, and social security contributions. Regression analysis is used to control for the effects of both the level and changes in income per capita and inflation.

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References

1987Co-Integration and Error Correction: Representation, Estimation, and Testing 1979Distribution of the Estimators for Autoregressive Time Series with a Unit Root 1987Asymptotic Properties of Least Squares Estimators of Cointegrating Vectors 1960The financial analysts journal 1989The Ricardian Approach to Budget Deficits 1979Inflation, Rational Valuation and the Market 2010Spurious Regression in Econometrics 2000What Drives Private Saving Across the World?

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