OECD Economic Studies, Volume 2003 Issue 1: No. 36 Volume 2003 Issue 1

The Decline in Private Saving Rates in the 1990s in OECD Countries: How Much Can Be Explained by Non-wealth Determinants?

DOI:https://doi.org/10.1787/eco_studies-v2003-art4-en

The substantial decline in private-sector saving rates observed in several OECD countries in the late 1990s coincided in several cases with a sharp increase in household financial net worth. This was seen by many observers as evidence that the ...



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