Understanding Domestic Savings in Chile
This paper constructs time series data on savings per type of agent for Chile during the period 1960-2012. It is found that the economy's average savings rate increased by 11 percentage points in the period 1985-2012 compared to 1960- 1984, with particularly pronounced growth in corporate savings. The evidence suggests that this increase was driven largely by the following measures: i) pension reform that introduced mandatory savings and private sector management, ii) banking reform, iii) tax reform, iv) capital markets reform and v) privatizations.
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| Format: | Working Papers biblioteca |
| Language: | English |
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Inter-American Development Bank
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| Subjects: | Income, Consumption and Saving, Fiscal Incentive, Economy, E21 - Consumption • Saving • Wealth, N16 - Latin America • Caribbean, Reform;Incentives;Chile;Savings, |
| Online Access: | https://doi.org/10.18235/0000200 https://publications.iadb.org/en/understanding-domestic-savings-chile |
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