Understanding Domestic Savings in Chile

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IDB Working Paper Series ; No. IDB-WP-626

Classification and Topics

• Classification: Wirtschaft ; Macroeconomics: Consumption; Saving; Wealth ; Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Latin America; Caribbean
• Subject: Savings ; Reform ; Incentives ; Chile

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Cerda, Rodrigo ; Fuentes S. M., J. Rodrigo ; García, Gonzalo ; Llodrá, José Ignacio
• Event: Veröffentlichung
• (who): Inter-American Development Bank (IDB)
• (where): Washington, DC
• (when): 2015

Further information

• DOI: doi:10.18235/0000200
• Handle: http://hdl.handle.net/10419/146436
• Last update: 10.03.2025, 11:41 AM CET