The DOI matches its Crossref record.
Are There Cultural Effects on Saving? Some Cross-Sectional Evidence
Abstract
Why are there such large differences in saving rates across countries? Conventional economic analyses have not been successful in explaining international saving differences, so economists have sometimes suggested that national saving differences may be explained by cultural differences. This paper tests the hypothesis that cultural factors influence saving by comparing saving patterns of immigrants to Canada from different cultures. Using data from the Canadian Survey of Family Expenditures, we find no evidence of cultural effects on saving.
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Citations
Cited by
Culture: An Empirical Investigation of Beliefs, Work, and Fertility
Fernández, R., & Fogli, A. (2009) · American Economic Journal: Macroeconomics · doi:10.1257/mac.1.1.146 · Cited by 1,264
Gomes, F., Haliassos, M., & Ramadorai, T. (2021) · Journal of Economic Literature · doi:10.1257/jel.20201461 · Cited by 396
Why Are Saving Rates of Urban Households in China Rising?
Chamon, M. D., & Prasad, E. S. (2010) · American Economic Journal: Macroeconomics · doi:10.1257/mac.2.1.93 · Cited by 296
Metadata
- Authors
- Carroll, C. D., Rhee, B.-K., & Rhee, C.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 1994-08-01
- Volume
- 109
- Issue
- 3
- Pages
- 685-699
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W2155525349
- Cited by
- 302
- References
- 0
- FWCI
- 15.20
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: Are There Cultural Effects on Saving? Some Cross-Sectional Evidence. https://app.cochat.ai/papers/10.2307/2118418
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- Carroll, C. D., Rhee, B.-K., & Rhee, C. (1994). Are There Cultural Effects on Saving? Some Cross-Sectional Evidence. The Quarterly Journal of Economics. https://doi.org/10.2307/2118418
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
