Mapa, Dennis S; Bersales, Lisa Grace S - Volkswirtschaftliche Fakultät, … - 2008
rate. This paper looks at the role of the slow demographic transition in the Philippines to its aggregate household saving … saving rate in the Philippines is one of the lowest in East Asia. The econometric model is based on the augmented life cycle … model and the results suggest that the country’s population dynamics plays an important role in its household saving rate …