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Title: Why is Singapore's saving rate so high?
Authors: Lim, Han Kwang.
Tow, Chee Yunn.
Keywords: DRNTU::Business::Finance
Issue Date: 2002
Abstract: 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 saving rate unmatched by that of any country in the world.
Rights: Nanyang Technological University
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:NBS Student Reports (FYP/IA/PA/PI)

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