The cultural origin of saving behavior.

Traditional economic interpretations have not been successful in explaining differences in saving rates across countries. One hypothesis is that savings respond to cultural specific social norms. The accepted view in economics so far is that culture does not have any effect on savings. We revisit th...

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Bibliographic Details
Main Authors: Joan Costa-Font, Paola Giuliano, Berkay Ozcan
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2018-01-01
Series:PLoS ONE
Online Access:http://europepmc.org/articles/PMC6135367?pdf=render