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International Comparisons of Household Saving

Governments and corporations may chip in, but around the world houshold saving is the biggest factor in national saving. To better understand why saving rates differ across countries, this volume provides the most up-to-date analyses of patterns of household saving behavior in Canada, Italy, Japan, Germany, the United Kingdom, and the United States.

Each of the six chapters examines micro data sets of household saving within a particular country and summarizes statistics on patterns of saving by age, income, and other demographic factors. The authors provide age-earning profiles and analyses of the accumulation of wealth over the lifetime in a clear way that allows quick comparisons between earning, consumption, and saving in the six countries.
Designed as a companion to Public Policies and Household Saving (1994), which addresses saving policies in the G-7 nations, this volume offers detailed descriptions of saving behavior in all G-7 nations except France.

Table of Contents

Introduction 1
James M. Poterba
1: Household Data on Saving Behavior in Canada 11
John B. Burbidge, James B. Davies.
2: Personal Saving in the United States 57
Orazio P. Attanasio
3: Household Saving Behavior in Japan 125
Noriyuki Takayama, Yukinobu Kitamura.
4: Household Saving Behavior in the United Kingdom 169
James Banks, Richard Blundell.
5: Savings in Germany - Part 2: Behavior 207
Axel Borsch-Supan
6: Personal Saving in Italy 237
Tullio Jappelli, Marco Pagano.
Contributors 269
Author Index 271
Subject Index 273

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