Publication
2006
This quantitative study provides empirical evidence on the effects of social security on savings mobilization of households in the Philippines. The findings indicate that there is a negative effect of pension on household savings. The authors argue that the country's social security system is viewed by its contributors as future wealth and thus, they tend to consume more and save less than they would if there were no pension.
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English (PDF, 19 pages, 220 KB) |
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Author | Rouselle F Lavado |
Series | East-West Center Working Papers |
Publisher | East-West Center (EWC) |
Copyright | © 2006 East-West Center (EWC) |