A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Saving, dependency and development
Abstract The widely-observed finding in the literature showing little or no relationship between population growth (and dependency) and saving requires modification based on panel and cross-section estimation of aggregate country data. While such a relationship is still weak in the hybrid Leff-type model, it is now found consistently over time and by stage of development in the Mason variable-growth life-cycle framework, where changes in demographic factors account for a notable part of saving.
Saving, dependency and development
Abstract The widely-observed finding in the literature showing little or no relationship between population growth (and dependency) and saving requires modification based on panel and cross-section estimation of aggregate country data. While such a relationship is still weak in the hybrid Leff-type model, it is now found consistently over time and by stage of development in the Mason variable-growth life-cycle framework, where changes in demographic factors account for a notable part of saving.
Saving, dependency and development
Kelley, Allen C. (author) / Schmidt, Robert M. (author)
1996
Article (Journal)
English
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