Understanding Japan's Saving Rate: The Reconstruction Hypothesis

Is Japan's Saving Rate High

Evaluation of Satisfaction with Post-War Reconstruction in light of the Sense of Belonging in the Survivors, A Case Study: Rafi, Khuzestan province

Evaluating and documenting post-war reconstruction (one of the most complex types of reconstruction processes) is a good way to learn from possible future accidents. The 8-year war between Iran and Iraq ruined the city of Rafi completely. The process of reconstruction began after the liberation with a different approach to other experiences (emphasis on the promotion of the role of survivors an...

Growth, Demographic Structure, and National Saving in Taiwan

THIS CHAPTER IS concerned with the effects that changes in demographic structure have had on Taiwan's national saving rate, and how coming changes in its age structure-notably population aging-will affect the future saving rate. We examine this topic within the framework of the life cycle hypothesis. Life cycle theory is a natural starting place, because it implies that changes in demographic s...

Why Do Chinese Households Save So Much?

Using a dataset that covers 5 decades (1960–2009), we show that the main determinants of China's household savings rate are disposable income (measured by its reciprocal) and the old-age dependency rate. The income growth rate and young age dependency rate have a limited role. Our findings support the Keynesian saving hypothesis instead of Modigliani’s life cycle hypothesis, although precaution...

Private Saving in Colombia

The aim of this paper is to understand the determinants of private saving in Colombia and to evaluate the main hypothesis of the sharp decline in the private saving rate observed in the 1990s.There are three main results. First, the fall of the private saving rate had little impact on the level and composition of aggregate demand. Second, total private saving is not determined by corporate beha...