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Title:A cohort analysis of household saving in Norway PDF Logo
Authors:Halvorsen, Elin
Issue Date:2002
Series/Report no.:Memorandum, Department of Economics, University of Oslo 2002,36
Abstract:In this paper I study the role of generational differences in saving. My main evidence is an empirical analysis based on Norwegian data that show a tendency for older birth cohorts to have higher saving rates, but that the differences are small and statistically insignificant. Consequently, the high aggregate saving rate and the very high saving among the elderly cannot be primarily attributed to cohorts effect. To ensure that the findings are robust, a variety of econometric specifications and techniques are employed.
Subjects:Lifecycle models and saving
age
period and cohort effects
robust estimation
JEL:D91
E21
Document Type:Working Paper
Appears in Collections:Memorandum, Department of Economics, University of Oslo

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