view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to …

of policy priority is derived. Efficient tax policy ranks investment in human capital higher than investment in nonhuman …

results suggest that the correlation between investment and savings depends on institutions, exchange rate risk and credit …

higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of … marriage and with lower savings rates in the presence of diseconomies of marriage. In the context of traditional gender roles … traditional gender roles and marital status to understanding cross-country variation in gender differentials in savings behavior …

generalized Keynes-Ramsey rule includes a precautionary savings term. A phase diagram analysis illustrates consumption and wealth …

elasticity of the human capital investment function is strictly increasing …

This paper analyzes optimal linear taxes on labor income and savings in a standard two-period life-cycle model with …