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Who Saves in Ireland? The Micro Evidence

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  • Ms. Marialuz Moreno Badia

Abstract

This paper provides detailed empirical evidence on the saving behavior of Irish households using micro data from the 1994/95 and 1999/2000 Household Budget Surveys. I employ synthetic cohort techniques to characterize the life cycle profile of saving rates and to examine the response of household saving to house price appreciation. The analysis suggests that households at the peak of their working lives have relatively low savings though there is no evidence of a generational savings gap. Also, despite housing being a major component of Irish households, wealth, there is no strong relationship between savings and housing capital gains.

Suggested Citation

  • Ms. Marialuz Moreno Badia, 2006. "Who Saves in Ireland? The Micro Evidence," IMF Working Papers 2006/131, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2006/131
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    Cited by:

    1. Ricardo Bebczuk & Leonardo Gasparini & Noelia Garbero & Julian Amendolaggine, 2015. "Understanding the Determinants of Household Saving: Micro Evidence for Latin America," CEDLAS, Working Papers 0189, CEDLAS, Universidad Nacional de La Plata.
    2. Agnese Bicevska & Aleksejs Melihovs & Krista Kalnberzina, 2009. "Savings in Latvia," Discussion Papers 2009/01, Latvijas Banka.

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    Keywords

    WP; Ireland; rate;
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