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Low- and middle-income countries are experiencing fast population aging and reductions in extreme poverty, increasing theoretical incentives to save for old age, but empirical evidence on household wealth accumulation over the life cycle is lacking. Using age-cohort-time decompositions on 18...
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This paper examines the national savings behaviour in the process of economic growth through a comparative analysis of … considerable differences in the savings behaviour among countries and over time within individual countries, notwithstanding the … 'model saver' image based on the average savings rate. The empirical analysis distinguishes between private and government …
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affects the saving behavior of the subjects. Savings are higher when they are incentivized with matching contributions than …
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to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure …
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for and control over the accumulation and use of savings for retirement. …
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