Household Saving in Developing Countries - Inequality, Demographics and All That: How Different are Latin America and South East Asia?
East Asia and Latin America have diverged in several dimensions in the past three decades. This paper compares household saving behavior in two countries in each region (Mexico, Peru, Thailand and Taiwan). We make four contributions. First, we provide the first comparisons of savings in these two regions at the micro level using synthetic cohort techniques. Second, rather than focusing only on total household saving, as is common in the literature, we disaggregate the population into education groups to determine whether there are differences in saving behavior along the distribution of income. Third, we construct forecasts of future aggregate household saving rates, based on demographic projections. Fourth, we provide evidence that allows for testing the relevance of the life cycle model for explaining the differences in saving behavior.
|Date of creation:||Jul 2000|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.iadb.org/res
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Christina Paxson, 1995.
"Saving and Growth: Evidence from Micro Data,"
NBER Working Papers
5301, National Bureau of Economic Research, Inc.
- Attanasio, O.P. & Browning, M.J., 1993.
"Consumption over the life cycle and over the business cycle,"
1993-14, Tilburg University, Center for Economic Research.
- Attanasio, Orazio P & Browning, Martin, 1995. "Consumption over the Life Cycle and over the Business Cycle," American Economic Review, American Economic Association, vol. 85(5), pages 1118-37, December.
- Attanasio, O.P. & Browning, M., 1993. "Consumption Over the Life Cycle and Over the Business Cycle," Papers 9314, Tilburg - Center for Economic Research.
- Orazio P. Attanasio & Martin Browning, 1993. "Consumption over the Life Cycle and over the Business Cycle," NBER Working Papers 4453, National Bureau of Economic Research, Inc.
- Orazio P. Attanasio, 1993.
"A Cohort Analysis of Saving Behavior by U.S. Households,"
NBER Working Papers
4454, National Bureau of Economic Research, Inc.
- Orazio P. Attanasio, 1998. "Cohort Analysis of Saving Behavior by U.S. Households," Journal of Human Resources, University of Wisconsin Press, vol. 33(3), pages 575-609.
- Orazio Attanasio, 1993. "A cohort analysis of saving behaviour by US households," IFS Working Papers W93/04, Institute for Fiscal Studies.
- Angus S. Deaton & Christina Paxson, 1994.
"Saving, Growth, and Aging in Taiwan,"
in: Studies in the Economics of Aging, pages 331-362
National Bureau of Economic Research, Inc.
- Giovanni L. Violante & Orazio P. Attanasio, 2000.
"The Demographic Transition in Closed and Open Economies: A Tale of Two Regions,"
IDB Publications (Working Papers)
6461, Inter-American Development Bank.
- Giovanni L. Violante & Orazio P. Attanasio, 2000. "The Demographic Transition in Closed and Open Economies: A Tale of Two Regions," Research Department Publications 4194, Inter-American Development Bank, Research Department.
- Barro, Robert J. & Lee, Jong-Wha, 1993.
"International comparisons of educational attainment,"
Journal of Monetary Economics,
Elsevier, vol. 32(3), pages 363-394, December.
- Robert J. Barro & Jong-Wha Lee, 1993. "International Comparisons of Educational Attainment," NBER Working Papers 4349, National Bureau of Economic Research, Inc.
- Suzanne Duryea & Jere R. Behrman & Miguel Székely, 1999. "Schooling Investments and Macroeconomic Conditions: A Micro-Macro Investigation for Latin America and the Caribbean," Research Department Publications 4184, Inter-American Development Bank, Research Department.
- Orazio Attanasio & James Banks & Costas Meghir & Guglielmo Weber, 1995.
"Humps and bumps in lifetime consumption,"
IFS Working Papers
W95/14, Institute for Fiscal Studies.
- Browning, Martin & Deaton, Angus & Irish, Margaret, 1985. "A Profitable Approach to Labor Supply and Commodity Demands over the Life-Cycle," Econometrica, Econometric Society, vol. 53(3), pages 503-43, May.
- Chris Carroll & Lawrence H. Summers, 1989.
"Consumption Growth Parallels Income Growth: Some New Evidence,"
NBER Working Papers
3090, National Bureau of Economic Research, Inc.
- Christopher D. Carroll & Lawrence H. Summers, 1991. "Consumption Growth Parallels Income Growth: Some New Evidence," NBER Chapters, in: National Saving and Economic Performance, pages 305-348 National Bureau of Economic Research, Inc.
- David A. Wise, 1989. "The Economics of Aging," NBER Books, National Bureau of Economic Research, Inc, number wise89-1, August.
When requesting a correction, please mention this item's handle: RePEc:idb:wpaper:4221. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Monica Bazan)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.