01593cas a2200241 a 4500 AALejournalIMF010100 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451971545 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Dynamiccs of Asian Savings : Role of Growth and Age Structure. Washington, D.C. : International Monetary Fund, 1988. 1 online resource (37 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper shows how growth and demography, two important determinants of the savings rate in the life-cycle approach, explain a large part of the diversity in savings behavior in Asia across eight countries as well as over time. Inflation and adverse movements in the terms of trade are found to be two additional factors with depressing effects on the propensity to save. The paper also finds evidence in favor of the error-correction formulation under which the savings rate varies procyclically in the short run but remains constant in the steady state. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1988/049 Full text available on IMF http://elibrary.imf.org/view/journals/001/1988/049/001.1988.issue-049-en.xml IMF e-Library