Determinants of household saving in the G-7 countries: recent evidence

Richard Cohn and Bharat Kolluri

Applied Economics, 2003, vol. 35, issue 10, 1199-1208

Abstract: This paper employs data from the last four decades to analyse major determinants of household saving for the Group of Seven (G-7) nations. Particular attention is paid to the effects of interest rates, government saving, and social security contributions. Regression analysis is used to control for the effects of both the level and changes in income per capita and inflation.

Date: 2003
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DOI: 10.1080/0003684032000090645

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