This paper reports evidence that the savings rate of the rich is higher than that of the poor in
Brazil, Chile, Costa Rica, Ecuador, Honduras, Mexico, Panama, Paraguay and Peru. On …

This study examines the linkages between financial socialization and self-control in
explaining saving behavior. Using novel household survey data from the United States, we …

This paper presents harmonized indicators for household wealth, its components, and its
determinants (including intergenerational mobility) in four Latin American countries (Chile …

Examining creativity in Chinese societies from both a personal and contextual standpoint,
this ground-breaking book offers readers a unique insight into the Chinese mind. It provides …

We study the growth process among a large group of economies where consumption
relative to a reference group determines the discount factor of the household agents. We …

In Ghana and most develo** parts of the world, families feel that it's troublesome or
skirting on hard to save as a result of low levels of wages (Boateng, 1994). The low profit of …

How emerging adults, broadly referring to those aged from 18 to 29 years old, fare in civic
engagement, as compared with other adults is the focus of the present work. The work takes …

In this paper we study the extent to which the financial market has contributed to wealth
disparities. To that end we introduce a stochastic dynamic model of wealth accumulation …

In this paper we study the extent to which the financial market has contributed to wealth
disparities. To that end we introduce a stochastic dynamic model of wealth accumulation …

This study examined the savings behaviour of rural poor with a focus on the motives of
saving and preferred savings mechanisms. One of the major causes of financial distress in …