TY  - GEN
AU  - Cerda, Rodrigo
AU  - Fuentes, J. Rodrigo
AU  - García, Gonzalo
AU  - Llodrá, José Ignacio
TI  - Understanding Domestic Savings in Chile
PY  - 2015
Y1  - 2015/10/21
DO  - 10.18235/0000200
AB  - This paper constructs time series data on savings per type of agent for Chile during the period 1960-2012.  It is found that the economy's average savings rate increased by 11 percentage points in the period 1985-2012 compared to 1960- 1984, with particularly pronounced growth in corporate savings.  The evidence suggests that this increase was driven largely by the following measures: i) pension reform that introduced mandatory savings and private sector management, ii) banking reform, iii) tax reform, iv) capital markets reform and v) privatizations.
UR  - https://doi.org/10.18235/0000200
ER  -