Is Japan's Savings Rate High?

China’s High Savings Rates

Since the early 1980s China has witnessed a rapid increase in its national savings rate to one of the highest rates in the world. Unlike the socialist period when consumption was repressed in order to redirect resources to investment, most of these savings are voluntary. This paper addresses why China’s savings rates are so high and the implications for China’s economy.

Is Japan's Saving Rate High

Achieving High Energy Savings in Multifamily Properties

The key to achieving high energy savings (over 20% consistently) is offering a turn-key (“one-stop-shop”) approach to implementing deep retrofits. This has traditionally been the model utilized by Energy Service Companies (ESCOs) on large projects in the MUSH (Municipal, University, School and Hospital) market. Emerging, small firms have enhanced the ESCOs approach and now deploy it for multifa...

Interest Rate Policies in Consumption - Savings Dynamic Models

We examine the effect of interest rate policies on an agent’s consumption and savings when her income is fluctuating. In each period a long-lived agent decides how much to save (i.e., invest in a risk-free bond) and how much to consume while her income is uncertain and depends on the state of the economy. The central bank, on the other hand, fixes a policy, called an interest rate policy, which...

Medical care savings from workplace wellness programs: what is a realistic savings potential?

BACKGROUND : Workplace wellness programs have become increasingly popular despite large inconsistencies in the analyses of their ability to produce long-term medical care savings. OBJECTIVE : To clarify the aforesaid situation by estimating potential long-term medical care savings linked to chronic disease. METHODS : We combined data from the Global Burden of Disease Study and Medical Expen...