Leigh, Andrew; Posso, Alberto - Research School of Economics, College of Business and … - 2008
The relationship between income inequality and national savings is theoretically ambiguous, and past empirical studies … share of the richest 10 percent and the richest 1 percent. Combining this with historical data on national savings rates, we … relationship between lagged top income shares and current savings rates, and our standard errors are small enough that we are able …