| 000 -LEADER |
| fixed length control field |
01616nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
221007b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Jain, Neha and Goli, Srinivas |
| 245 ## - TITLE STATEMENT |
| Title |
Demographic change and private savings in India |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
Journal of Social and Economic Development |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
24(1), Jun, 2022: p.1-29 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
India is on the edge of a demographic revolution with a rapidly rising working-age population. For the first time in this study, we investigate the role of the rising working-age population on per capita small savings in post offices and banks net of socio-economic characteristics using state-level panel data compiled from multiple sources for the period 2001–2018. Our comprehensive econometric assessment with multiple robustness checks provides three key findings: (1) per capita private savings is increasing because of India’s growing working-age population; thus, the ‘economic life cycle hypothesis’ is evidentially supported; (2) the demographic factors contribute around one-fourth of the per capita private savings inequality across Indian states; and (3) the demographic window of economic opportunity for India can yield maximum benefits in terms of private savings when accompanied by favourable socio-economic policies on education, health, gender equity, and economic growth. – Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Demographic change, Working-age population, Population ageing, Private savings, Life cycle hypothesis, Econometric analyses |
| 9 (RLIN) |
33591 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Journal of Social and Economic Development |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
DEMOGRAPHY |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |