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Canadian and American Saving Rates and the Role of RRSPs

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Author Info

  • John Burbidge
  • Deborah Fretz
  • Michael R. Veall

Abstract

The differences in Canadian and US aggregate savings rates do not appear to be attributable to the Registered Retirement Savings Plan program in Canada.

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Bibliographic Info

Article provided by University of Toronto Press in its journal Canadian Public Policy.

Volume (Year): 24 (1998)
Issue (Month): 2 (June)
Pages: 259-263

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Handle: RePEc:cpp:issued:v:24:y:1998:i:2:p:259-263

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References

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  1. John Burbidge & Deborah Fretz & Michael R. Veall, 1997. "The Effect of RRSPs on Savings in Canada," Independence and Economic Security of the Older Population Research Papers, McMaster University 14, McMaster University.
  2. Carroll, Chris & Summers, Lawrence H., 1987. "Why have private savings rates in the United States and Canada diverged?," Journal of Monetary Economics, Elsevier, Elsevier, vol. 20(2), pages 249-279, September.
  3. James M. Poterba & Steven F. Venti & David A. Wise, 1996. "How Retirement Saving Programs Increase Saving," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 10(4), pages 91-112, Fall.
  4. Christopher Ragan, 1994. "Progressive Income Taxes and the Substitution Effect of RRSPs," Canadian Journal of Economics, Canadian Economics Association, Canadian Economics Association, vol. 27(1), pages 43-57, February.
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Citations

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Cited by:
  1. Michael R. Veall, 1999. "Did Tax Flattening Affect RRSP Contributions?," Department of Economics Working Papers 1999-04, McMaster University.
  2. Frank T. Denton & Byron G. Spencer, 1999. "Population Aging and Its Economic Costs: A Survey of the Issues and Evidence," Social and Economic Dimensions of an Aging Population Research Papers, McMaster University 1, McMaster University.
  3. B. Douglas Bernheim, 1999. "Taxation and Saving," NBER Working Papers 7061, National Bureau of Economic Research, Inc.
  4. Frank T. Denton & Byron G. Spencer, 1998. "Economic Costs of Population Aging," Independence and Economic Security of the Older Population Research Papers, McMaster University 32, McMaster University.
  5. Sule Alan & Kadir Atalay & Thomas F. Crossley, 2006. "Do the Rich Save More in Canada?," Quantitative Studies in Economics and Population Research Reports, McMaster University 406, McMaster University.
  6. Frank T. Denton & Byron G. Spencer, 1999. "Population Aging and Its Costs: A Survey of the Issues and Evidence," Department of Economics Working Papers 1999-03, McMaster University.

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