1.

Record Nr.

UNINA9910826316803321

Autore

Moreno Badia Marialuz

Titolo

Who Saves in Ireland? The Micro Evidence / / Marialuz Moreno Badia

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-1045-1

1-4527-2895-X

1-283-51526-1

9786613827715

1-4519-9634-9

Descrizione fisica

1 online resource (33 p.)

Collana

IMF Working Papers

Soggetti

Saving and investment - Ireland

Housing - Prices - Ireland

Labor

Macroeconomics

Demography

Aggregate Factor Income Distribution

Nonwage Labor Costs and Benefits

Private Pensions

Economics of the Elderly

Economics of the Handicapped

Non-labor Market Discrimination

Macroeconomics: Consumption

Saving

Wealth

Retirement

Retirement Policies

Pensions

Population & demography

Labour

income economics

Income

Aging

Consumption

Population aging

Economics

Ireland



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"May 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. WHO SAVES IN IRELAND?""; ""III. ARE HOUSEHOLD SAVINGS AFFECTED BY CAPITAL GAINS IN HOUSING?""; ""IV. THE SPECIAL SAVINGS INCENTIVE ACCOUNTS""; ""V. CONCLUDING REMARKS""; ""APPENDIX I""; ""APPENDIX II""; ""APPENDIX III""; ""REFERENCES""

Sommario/riassunto

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.