Policy Forum: Saving for Retirement: Policy Options to Increase Retirement Saving in Australia

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Title Policy Forum: Saving for Retirement: Policy Options to Increase Retirement Saving in Australia
Author Guest, Ross
Journal Name Australian Economic Review
Year Published 2010
Place of publication Australia
Publisher Wiley-Blackwell Publishing Asia
Abstract Saving is important to households, governments and the corporate sector. It allows households and governments to smooth consumption in the face of fluctuations in disposable income. These fluctuations may be foreseen, such as when individuals retire because of old age or when governments foresee budget deficits because of an ageing population. Or they may be unforseen, such as the effects of the global financial crisis (GFC) of 2008–2009, which provides a precautionary motive for saving. Saving through retained earnings is important for the corporate sector as a way of controlling debt in the financing of investment.
Peer Reviewed Yes
Published Yes
Alternative URI http://dx.doi.org/10.1111/j.1467-8462.2010.00599.x
Volume 43
Issue Number 3
Page from 293
Page to 301
ISSN 0004-9018
Date Accessioned 2011-01-05
Date Available 2011-01-25T02:22:22Z
Language en_AU
Research Centre Griffith Asia Institute
Faculty Griffith Business School
Subject Economics
URI http://hdl.handle.net/10072/35708
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1

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