LifeCycleSavings: Intercountry Life-Cycle Savings Data
Data on the savings ratio 1960--1970.
A data frame with 50 observations on 5 variables.
aggregate personal savings
% of population under 15
% of population over 75
real per-capita disposable
Under the life-cycle savings hypothesis as developed by Franco
Modigliani, the savings ratio (aggregate personal saving divided by
disposable income) is explained by per-capita disposable income, the
percentage rate of change in per-capita disposable income, and two
demographic variables: the percentage of population less than 15
years old and the percentage of the population over 75 years old.
The data are averaged over the decade 1960--1970 to remove the
business cycle or other short-term fluctuations.
Sterling, Arnie (1977) Unpublished BS Thesis.
Massachusetts Institute of Technology.
Belsley, D. A., Kuh. E. and Welsch, R. E. (1980)
New York: Wiley.