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Australia: Selected Issues

International Monetary Fund

No 1997/023, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper examines the role that government policy in Australia plays in influencing household saving, both directly through its own saving and the structure of the tax, social security and welfare systems, and indirectly through the influence of the policy environment on factors that affect saving such as economic growth. The determinants of household saving in a sample of 21 OECD (Organization for Economic Cooperation and Development) countries are also investigated, using both cross-section and panel estimation techniques.

Keywords: ISCR; CR; government; enterprise; household saving; high-saving age groups; OECD country; behavior household; government saving; saving rate; OECD average; Inflation; Inflation targeting; Employment; Labor markets; Australia and New Zealand (search for similar items in EconPapers)
Pages: 104
Date: 1997-04-17
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