Citation

Discussion Paper Details

Please find the details for DP1368 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: International Evidence on the Determinants of Saving

Author(s): Tamim Bayoumi, Paul R Masson and Hossein Samiei

Publication Date: March 1996

Keyword(s): International Comparisons and Saving

Programme Area(s): International Macroeconomics

Abstract: A broad set of possible determinants of private saving behaviour is examined, using data for a large sample of industrial and developing countries. Both time-series and cross-section estimates are obtained. Results suggest that there is a partial offset on private saving of changes in public saving and (for developing countries) in foreign saving, that demographics and growth are important determinants of private saving rates, and that interest rates and terms of trade have positive, but less robust, effects. Increases in per capita GDP seem to increase saving at low income levels (relative to the United States), but decrease it at higher ones.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1368

Bibliographic Reference

Bayoumi, T, Masson, P and Samiei, H. 1996. 'International Evidence on the Determinants of Saving'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1368