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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17581 |
来源ID | Working Paper 17581 |
The Determinants and Long-term Projections of Saving Rates in Developing Asia | |
Charles Yuji Horioka; Akiko Terada-Hagiwara | |
发表日期 | 2011-11-10 |
出版年 | 2011 |
语种 | 英语 |
摘要 | In this paper, we present data on trends over time in domestic saving rates in twelve economies in developing Asia during the 1966-2007 period and analyze the determinants of these trends. We find that domestic saving rates in developing Asia have, in general, been high and rising but that there have been substantial differences from economy to economy and that the main determinants of these trends appear to have been the age structure of the population (especially the aged dependency ratio), income levels, and the level of financial sector development. We then project future trends in domestic saving rates in developing Asia for the 2011-2030 period based on our estimation results and find that the domestic saving rate in developing Asia as a whole will remain roughly constant during the next two decades despite rapid population aging in some economies in developing Asia because population aging will occur much later in other economies and because the negative impact of population aging on the domestic saving rate will be largely offset by the positive impact of higher income levels. |
主题 | Microeconomics ; Behavioral Economics ; Macroeconomics ; Consumption and Investment ; Financial Economics ; Financial Markets ; Labor Economics ; Demography and Aging |
URL | https://www.nber.org/papers/w17581 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575256 |
推荐引用方式 GB/T 7714 | Charles Yuji Horioka,Akiko Terada-Hagiwara. The Determinants and Long-term Projections of Saving Rates in Developing Asia. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17581.pdf(216KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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