Saving, Growth, and Aging in Taiwan
Angus Deaton () and
No 4330, NBER Working Papers from National Bureau of Economic Research, Inc
This paper examines issues of household saving, growth. and aging in Taiwan. The Taiwanese patterns of high income growth, declines in fertility, and increases in life expectancy all have implications for life-cycle saving. We use data from fifteen consecutive household income and expenditure surveys. from 1976 to 1990, to examine whether observed profiles of consumption and saving are consistent with life-cycle theory. The patterns of consumption and saving across households of different ages and cohorts appear to be broadly consistent with a life-cycle model. However. the data also indicate that household consumption tracks income closely. and this evidence casts doubt on simple life-cycle theory.
JEL-codes: D91 J14 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (13) Track citations by RSS feed
Published as Studies in the Economics of Aging, Wise, David A., ed., Chicago: University of Chicago Press, 1994, pp. 331-357.
Published as Saving, Growth, and Aging in Taiwan , Angus S. Deaton, Christina Paxson. in Studies in the Economics of Aging , Wise. 1994
Downloads: (external link)
Chapter: Saving, Growth, and Aging in Taiwan (1994)
Working Paper: Saving, Growth, and Aging in Taiwan (1992)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:4330
Ordering information: This working paper can be ordered from
Access Statistics for this paper
More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().