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Saving and the Accumulation of Wealth

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  • Ando,Albert
  • Guiso,Luigi
  • Visco,Ignazio

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Abstract

The evolution of private saving and its interaction with government fiscal policy play an important and complex role in the development of the national economy. To gain insight into this process, it is imperative that we improve our understanding of the savings behaviour of individual households and of the ways in which they aggregate over the entire population to produce national saving. Italy provides an ideal laboratory in which to assess the impact of government and private transfer, imperfections in the capital markets, productivity growth and shifting demographic patterns on the saving behavior of individual households and on their aggregation into total private saving. The book draws on the Italian experience and data, and offers findings on many aspects of the process of saving determination.

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Bibliographic Info

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This book is provided by Cambridge University Press in its series Cambridge Books with number 9780521452083 and published in 1994.

Order: http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521452083
Handle: RePEc:cup:cbooks:9780521452083

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Web page: http://www.cambridge.org

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Cited by:
  1. Luca Casolaro & Leonardo Gambacorta & Luigi Guiso, 2005. "Regulation, formal and informal enforcement and the development of the household loan market. Lessons from Italy," Temi di discussione (Economic working papers) 560, Bank of Italy, Economic Research and International Relations Area.
  2. Nicola Sartor, 2001. "The Long-run Effects of the Italian Pension Reforms," International Tax and Public Finance, Springer, vol. 8(1), pages 83-111, January.
  3. Albert Ando & Sergio Nicoletti-Altimari, 2004. "A micro simulation model of demographic development and households' economic behavior in Italy," Temi di discussione (Economic working papers) 533, Bank of Italy, Economic Research and International Relations Area.

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