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What determines saving rates in Korea?: The role of demography

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  • Kwack, Sung Yeung
  • Lee, Young Sun

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  • Kwack, Sung Yeung & Lee, Young Sun, 2005. "What determines saving rates in Korea?: The role of demography," Journal of Asian Economics, Elsevier, vol. 16(5), pages 861-873, October.
    • Handle: RePEc:eee:asieco:v:16:y:2005:i:5:p:861-873
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    1. Thomas Russell, 1977. "Rate of Growth Effects on Aggregate Savings: Further Analysis," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(1), pages 153-168.
    2. Zeldes, Stephen P, 1989. "Consumption and Liquidity Constraints: An Empirical Investigation," Journal of Political Economy, University of Chicago Press, vol. 97(2), pages 305-346, April.
    3. David N. Weil, 1994. "The Saving of the Elderly in Micro and Macro Data," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(1), pages 55-81.
    4. Deaton, Angus, 1991. "Saving and Liquidity Constraints," Econometrica, Econometric Society, vol. 59(5), pages 1221-1248, September.
    5. Ram, Rati, 1982. "Dependency Rates and Aggregate Savings: A New International Cross-Section Study," American Economic Review, American Economic Association, vol. 72(3), pages 537-544, June.
    6. Carroll, Christopher D. & Weil, David N., 1994. "Saving and growth: a reinterpretation," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 40(1), pages 133-192, June.
    7. Modigliani, Franco, 1986. "Life Cycle, Individual Thrift, and the Wealth of Nations," American Economic Review, American Economic Association, vol. 76(3), pages 297-313, June.
    8. Feldstein, Martin & Horioka, Charles, 1980. "Domestic Saving and International Capital Flows," Economic Journal, Royal Economic Society, vol. 90(358), pages 314-329, June.
    9. Graham, John W., 1989. "International differences in saving rates and the life cycle hypothesis : Reply and further evidence," European Economic Review, Elsevier, vol. 33(7), pages 1499-1507, September.
    10. Jappelli, Tullio & Pagano, Marco, 1989. "Consumption and Capital Market Imperfections: An International Comparison," American Economic Review, American Economic Association, vol. 79(5), pages 1088-1105, December.
    11. Campbell, John Y, 1987. "Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis," Econometrica, Econometric Society, vol. 55(6), pages 1249-1273, November.
    12. Bernheim, B Douglas & Shleifer, Andrei & Summers, Lawrence H, 1986. "The Strategic Bequest Motive," Journal of Labor Economics, University of Chicago Press, vol. 4(3), pages 151-182, July.
    13. Weil, Philippe, 1989. "Overlapping families of infinitely-lived agents," Journal of Public Economics, Elsevier, vol. 38(2), pages 183-198, March.
    14. Milton Friedman, 1957. "A Theory of the Consumption Function," NBER Books, National Bureau of Economic Research, Inc, number frie57-1, March.
    15. Koskela, Erkki & Viren, Matti, 1989. "International differences in saving rates and the life cycle hypothesis : A comment," European Economic Review, Elsevier, vol. 33(7), pages 1489-1498, September.
    16. Caballero, Ricardo J, 1991. "Earnings Uncertainty and Aggregate Wealth Accumulation," American Economic Review, American Economic Association, vol. 81(4), pages 859-871, September.
    17. John F. Wilson & James L. Freund & Frederick O. Yohn, Jr & Walther Lederer, 1989. "Measuring Household Saving: Recent Experience from the Flow-of-Funds Perspective," NBER Chapters, in: The Measurement of Saving, Investment, and Wealth, pages 101-152, National Bureau of Economic Research, Inc.
    18. Ragnar Bentzel & Lennart Berg, 1983. "The Role of Demographic Factors as a Determinant of Savings in Sweden," International Economic Association Series, in: Franco Modigliani & Richard Hemming (ed.), The Determinants of National Saving and Wealth, chapter 7, pages 152-179, Palgrave Macmillan.
    19. Abel, Andrew B, 1985. "Precautionary Saving and Accidental Bequests," American Economic Review, American Economic Association, vol. 75(4), pages 777-791, September.
    20. Heller, Peter S., 1999. "Aging in Asia: Challenges for fiscal policy," Journal of Asian Economics, Elsevier, vol. 10(1), pages 37-63.
    21. Corbo, Vittorio & Schmidt-Hebbel, Klaus, 1991. "Public policies and saving in developing countries," Journal of Development Economics, Elsevier, vol. 36(1), pages 89-115, July.
    22. Milton Friedman, 1957. "Introduction to "A Theory of the Consumption Function"," NBER Chapters, in: A Theory of the Consumption Function, pages 1-6, National Bureau of Economic Research, Inc.
    23. repec:zbw:bofrdp:1989_003 is not listed on IDEAS
    24. Thomas Holloway, 1989. "Present NIPA Saving Measures: Their Characteristics and Limitations," NBER Chapters, in: The Measurement of Saving, Investment, and Wealth, pages 21-100, National Bureau of Economic Research, Inc.
    25. David Miles, 1997. "Demographics and savings: can we reconcile the evidence?," IFS Working Papers W97/06, Institute for Fiscal Studies.
    26. Leff, Nathaniel H, 1969. "Dependency Rates and Savings Rates," American Economic Review, American Economic Association, vol. 59(5), pages 886-896, December.
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    Cited by:

    1. Charles Yuji Horioka & Akiko Terada-Hagiwara, 2017. "The impact of sex ratios before marriage on household saving in two Asian countries: The competitive saving motive revisited," Review of Economics of the Household, Springer, vol. 15(3), pages 739-757, September.
    2. Eswar S. Prasad, 2011. "Rebalancing Growth in Asia," International Finance, Wiley Blackwell, vol. 14(1), pages 27-66, April.
    3. Charles Yuji Horioka & Akiko Terada-Hagiwara, 2016. "The Impact of Pre-marital Sex Ratios on Household Saving in Two Asian Countries: The Competitive Saving Motive Revisited," ISER Discussion Paper 0975, Institute of Social and Economic Research, Osaka University.
    4. Esso, Loesse Jacques, 2009. "La dépendance démographique est-elle un obstacle à l’épargne et à la croissance en Côte d’Ivoire?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 85(4), pages 361-382, décembre.
    5. Taguchi, Hiroyuki, 2021. "A revisit to effects of demographic dynamics on economic growth in Asia," MPRA Paper 110609, University Library of Munich, Germany.
    6. khan, Hafizah & Abdullah, Hussin, 2010. "Saving Determinants in Malaysia," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 44, pages 23-34.
    7. Chor Foon Tang & Kean Siang Ch’ng, 2012. "A Multivariate Analysis of the Nexus between Savings and Economic Growth in the ASEAN-5 Economies," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 6(3), pages 385-406, August.
    8. Goh, Soo Khoon & McNown, Robert & Wong, Koi Nyen, 2020. "Macroeconomic implications of population aging: Evidence from Japan," Journal of Asian Economics, Elsevier, vol. 68(C).
    9. Lim, Kyoung Mook, 2020. "Public provision of health insurance and aggregate saving in an overlapping generations model with endogenous health risk: The South Korean case," Economic Modelling, Elsevier, vol. 91(C), pages 233-246.

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