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Determinants of Household Saving in Taiwan: Growth, Demography and Public Policy

Athukorala, Premachandra; Tsai, Pang-Long

Description

This article examines the determinants of household saving in the process of economic development, in the light of the Taiwanese experience during the period 1952-99. The methodology involves the estimation of a saving rate function derived within the life-cycle framework. It is found that the household saving rate rises with both the level and the rate of growth of household disposable income. The real deposit rate has a significant positive impact, but the magnitude of the impact is modest....[Show more]

CollectionsANU Research Publications
Date published: 2003
Type: Journal article
URI: http://hdl.handle.net/1885/76229
Source: Journal of Development Studies

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