Savings behavior in 17 OECD countries

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Abstract
This article compares savings behavior in a sample of 17 OECD countries over 24 years. On the basis of an analysis of variance and of a life‐cycle‐hypothesis‐based equation, we test the homogeneity of households' savings behavior. It appears that one cannot really speak of a homogeneous saving behavior across countries. This is a relevant finding in times of increasing economic and financial integration. (This abstract was borrowed from another version of this item.)
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