SAVINGS BEHAVIOR IN 17 OECD COUNTRIES

Denis Kessler, Sergio Perelman and Pierre Pestieau

Review of Income and Wealth, 1993, vol. 39, issue 1, 37-49

Abstract: 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.

Date: 1993
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https://doi.org/10.1111/j.1475-4991.1993.tb00436.x

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Working Paper: Savings behavior in 17 OECD countries (1993)
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