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This paper compares the predictions of three different saving models with respect to the impact of projected U.S. demographic change on future U.S. saving rates. The three models are the life cycle model, the infinite horizon altruism model, and a reduced form econometric model. The findings for...
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This paper compares the predictions of three different saving models with respect to the impact of projected U.S. demographic change on future U.S. saving rates. The three models are the life cycle model, the infinite horizon altruism model, and a reduced form econometric model. The findings for...
Persistent link: https://www.econbiz.de/10012475629
managers alike. Both professions have found it increasingly difficult to forecast savings deposit flows. This article explores … models of the savings deposit market. To achieve this aim, I use the so-called FMP (MPS) macro model used by the Federal … savings bank in the US. I find that economists failed to find timeless determinants for the market for savings deposits …
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