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Savings behavior in 17 OECD countries

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Kessler, Denis Perelman, Sergio Pestieau, Pierre [ULg]

This article compares savings behavior in a sample of 17 OECD countries over 24 years. On the basis of an analysis of variance and of a life-cycle-hypothesis-based equation, we test the homogeneity of households' savings behavior. It appears that one cannot really speak of a homogeneous saving behavior across countries. This is a relevant finding in times of increasing economic and financial integration.

Document type Article de périodique (Journal article) – Article de recherche
Publication date 1993
Language Anglais
Journal information "Review of Income and Wealth" - Vol. 39, no.1, p. 37-49 (March 1993)
Peer reviewed yes
Publisher Wiley-Blackwell Publishing Ltd. ((United Kingdom) Chichester)
issn 0034-6586
e-issn 1475-4991
Publication status Publié
Affiliation UCL - EUEN/CORE - Center for operations research and econometrics
Links
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Bibliographic reference Kessler, Denis ; Perelman, Sergio ; Pestieau, Pierre. Savings behavior in 17 OECD countries. In: Review of Income and Wealth, Vol. 39, no.1, p. 37-49 (March 1993)
Permanent URL http://hdl.handle.net/2078.1/143002