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Korea's Aging Population and Household Saving Rate： Evidence for an Extended Life Cycle Income Hypothesis
Korea's Aging Population and Household Saving Rate： Evidence for an Extended Life Cycle Income Hypothesis
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- Abstract
Korea is entering the class of aging population nations. This paper investigates the extent demographic factors and the aging population affect the saving rate, using an extended life-cycle/permanent-income hypothesis on saving. The results of the tests w
- Issue Date
- 2004-07-01
- Publisher
- 한국개발연구원
Korea Development Institute
- Language
- en
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