{
  "title": "Empirical Determinants of Household Saving: Evidence From OECD Countries",
  "publication": "IMF Working Papers, December 1, 1997",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2016/12/30/empirical-determinants-of-household-saving-evidence-from-oecd-countries-2454",
  "canonical": "https://www.imf.org/en/publications/wp/issues/2016/12/30/empirical-determinants-of-household-saving-evidence-from-oecd-countries-2454",
  "overlayPath": "/en/publications/wp/issues/2016/12/30/empirical-determinants-of-household-saving-evidence-from-oecd-countries-2454/index.md",
  "summary": "This paper analyzes the empirical determinants of household saving using data from 21 OECD countries for 1975-95. A particular focus is the influence of the tax and social security systems on household saving.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Paper objective: analyze the empirical determinants of household saving.\n- Particular focus: influence of the tax and social security systems on household saving.\n- Core extension: include variables that capture the structure of the tax system and the financing and generosity of the social security and welfare system in empirical models of household saving.\n- Principal conclusion: variables capturing tax structure and social security/welfare financing and generosity are found to have an important impact on household saving; accordingly, by changing the design of these systems, governments may be able to influence saving."
    },
    {
      "heading": "Data and Scope",
      "content": "- Countries covered: 21 OECD countries.\n- Sample period: 1975-95."
    },
    {
      "heading": "Key Findings and Results",
      "content": "- Variables representing the structure of the tax system and the financing and generosity of the social security and welfare system have an important impact on household saving.\n- Extending the usual set of explanatory variables for household saving behavior to include tax-structure and social-security/welfare-financing variables yields important explanatory power for saving behavior."
    },
    {
      "heading": "Policy Implications and Recommendations",
      "content": "- By changing the design of tax systems and the financing and generosity of social security and welfare systems, governments may be able to influence household saving.\n\n---\n\n Content in this bundle\n\n- Empirical Determinats of Household Saving: Evidence from OECD Countries - WP/97/181\n  - Empirical Determinats of Household Saving: Evidence from OECD Countries - WP/97/181 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Empirical Determinats of Household Saving: Evidence from OECD Countries - WP/97/181 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/empirical-determinants-of-household-saving-evidence-from-oecd-countries-2454"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/wp/issues/2016/12/30/empirical-determinants-of-household-saving-evidence-from-oecd-countries-2454/index.md)",
    "[Structured JSON version](/en/publications/wp/issues/2016/12/30/empirical-determinants-of-household-saving-evidence-from-oecd-countries-2454/index.json)",
    "[Bundle manifest](/en/publications/wp/issues/2016/12/30/empirical-determinants-of-household-saving-evidence-from-oecd-countries-2454/bundle-manifest.json)",
    "Authors: Tim Callen, Christian Thimann",
    "Published: December 1, 1997",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451859157.001",
    "Paper objective: analyze the empirical determinants of household saving.",
    "Particular focus: influence of the tax and social security systems on household saving.",
    "Core extension: include variables that capture the structure of the tax system and the financing and generosity of the social security and welfare system in empirical models of household saving.",
    "Principal conclusion: variables capturing tax structure and social security/welfare financing and generosity are found to have an important impact on household saving; accordingly, by changing the design of these systems, governments may be able to influence saving.",
    "Countries covered: 21 OECD countries.",
    "Sample period: 1975-95.",
    "Variables representing the structure of the tax system and the financing and generosity of the social security and welfare system have an important impact on household saving.",
    "Extending the usual set of explanatory variables for household saving behavior to include tax-structure and social-security/welfare-financing variables yields important explanatory power for saving behavior.",
    "By changing the design of tax systems and the financing and generosity of social security and welfare systems, governments may be able to influence household saving.",
    "**Empirical Determinats of Household Saving: Evidence from OECD Countries - WP/97/181**"
  ],
  "related": [
    {
      "title": "Empirical Determinats of Household Saving: Evidence from OECD Countries - WP/97/181",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/_wp97181.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/_wp97181.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/_wp97181.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/wp/issues/2016/12/30/empirical-determinants-of-household-saving-evidence-from-oecd-countries-2454/index.md",
    "json": "/en/publications/wp/issues/2016/12/30/empirical-determinants-of-household-saving-evidence-from-oecd-countries-2454/index.json",
    "bundleManifest": "/en/publications/wp/issues/2016/12/30/empirical-determinants-of-household-saving-evidence-from-oecd-countries-2454/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-17T06:04:45.725Z"
}