A Cohort Analysis of Household Saving in Norway
In this paper I study the role of generational differences in saving. My main evidence is an empirical analysis based on Norwegian data that show a tendency for older birth cohorts to have higher saving rates, but that the differences are small and statistically insignificant. Consequently, the high aggregate saving rate and the very high saving among the elderly cannot be primarily attributed to cohorts effect. To ensure that the findings are robust, a variety of econometric specifications and techniques are employed.
|Date of creation:||27 Jun 2003|
|Date of revision:|
|Contact details of provider:|| Postal: Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway|
Phone: 22 85 51 27
Fax: 22 85 50 35
Web page: http://www.oekonomi.uio.no/indexe.html
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