Accounting for the bias against the life-cycle hypothesis in survey data: An example for Russia

Determinants of the personal savings rate in the Kingdom of Saudi Arabia using time savings deposits, 2012–2022

“…Bussolo, Schotte, and Matytsin (2017) overcame “a systematic bias in survey data against the LCH” by estimating “how the age profile of saving changes when micro data are corrected” for pension contribution (additional saving) and pension benefit receipt (dissaving). After adjusting for bias, they found that the Russian data support the LCH [ 32 ]. Using a multifactor modeling method, Ganic and Mammutid (2020) experimentally investigated the relationship between saving behavior and demographic changes in the LCH context in a sample of 18 European transition and post-transition nations.…”

Saving Behaviour: Factors That Affect Saving Decisions (Systematic Literature Review Approach)

“…On the other hand, this condition also gives confidence to individuals to save to fulfill investments or consumption in the future. Therefore, the impact of GDP per capita growth is positive and significant in the long term (Bussolo et al, 2017;Gu et al, 2020;Ismail & Rashid, 2013;Lyons et al, 2018;Niculescu-Aron & Mihaescu, 2014).…”

Vegetative Maintenance Of Activity In Changed Living Conditions Of Over-50 Population

“…Currently undoubted interest has issues related to the reform of the pension system. The overwhelming majority of scientific research in the field of human behavior in changed living conditions, in particular during the transitional period of pension reform, is noted in the social and economic sphere (Bussolo et al, 2017;Fedotenkov, 2016;Grishchenko, 2016;Guerin & Toland, 2020;Zhang et al, 2020).…”