Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 1999
Keywords: Saving behavior, OECD, cross-country studies, panel data models, slope heterogeneity, dynamics, Ricardian effect, time series, mean group, correlation
This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing for the possible heterogeneity of savings behavior across countries and the inclusion of dynami...