Why is Singapore's saving rate so high?
The Gross National Savings rate in Singapore has risen from 23% in 1972 to 52% in 2000. Using a three-period life-cycle hypothesis to build our savings function, we identified dependency ratio, property price, gross domestic growth and demand for cars as the determinants behind this remarkable savi...
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Main Authors: | Lim, Han Kwang., Tow, Chee Yunn. |
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Other Authors: | Tan, Kim Heng |
Format: | Final Year Project |
Published: |
2008
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Subjects: | |
Online Access: | http://hdl.handle.net/10356/8329 |
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Institution: | Nanyang Technological University |
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