Jun 2016
Author(s): Cavallo, Eduardo A.
Why should people -and economies- save? The typical answer usually focuses on the need to protect against future shocks, to smooth consumption during hard times, in short, to save for the proverbial…
Apr 2016
Author(s): Cavallo, Eduardo A.; Sánchez, Gabriel; Valenzuela, Patricio
This study explores the relationship between demographic factors and saving rates using a panel dataset covering 110 countries between 1963 and 2012. In line with predictions from theory, this paper…