[
Abid, S., & Afridi, G. S. (2010). Assessing the household saving pattern of urban and rural households in district Muzaffarabad. Pakistan Journal of Life & Social Sciences, 8(2), 137–141.
]Search in Google Scholar
[
Adelakun, O. (2015). An investigation of the determinants of savings and investment in Nigeria. Issues in Economics and Business, 1(2), 1–16.
]Search in Google Scholar
[
Agrawal, P. (2001). The relation between savings and growth: Cointegration and causality evidence from Asia. Applied Economics, 33, 499–513.
]Search in Google Scholar
[
Ahmed, S., & Cruz, M. (2018). On the impact of demographic change on economic growth and poverty. World Development, 105, 95–106.
]Search in Google Scholar
[
Aiyar, S., Duval, R., Puy D., Wu Y., & Zhang L. (2013). Growth slowdowns and the middle-income trap. IMF Working Paper, 13/71. International Monetary Fund. https://www.imf.org/external/pubs/ft/wp/2013/wp1371.pdf
]Search in Google Scholar
[
Ang, J. (2009). Household saving behaviour in an extended life cycle model: A comparative study of China and India. Journal of Development Studies, 45(8), 1344–1359.
]Search in Google Scholar
[
Aric, K. (2015). Determinants of savings in the APEC countries. Theoretical and Applied Economics, 2(603), 113–122.
]Search in Google Scholar
[
Beck, N., & Katz, J. N. (1995). What to do (and not to do) with time-series cross-section data. The American Political Science Review, 89(3), 634–647.
]Search in Google Scholar
[
Bhandari, R. D. D., Pradhan, G., & Upadhyaya K.P. (2007). Determinants of private saving in South Asia. South Asia Economic Journal, 8(2), 205–217.
]Search in Google Scholar
[
Bloom, D., Canning, D., & Graham, B. (2002). Life expectancy and national saving rates. Harvard School of Public Health.
]Search in Google Scholar
[
Bosworth, B., & Chodorow-Reich, G. (2006). Saving and demographic change: The global dimension. Prepared for the 8th Annual Joint Conference of the Retirement Research Consortium, Pathways to a Secure Retirement. Washington, DC.
]Search in Google Scholar
[
Bulman, D., Maya, E., & Ha, N. (2017). Transitioning from low-income growth to high-income growth. Is there a middle income trap? Journal of the Asia and Pacific Economy, 22(1), 5–28.
]Search in Google Scholar
[
Bunting, D. (1991). Savings and the distribution of income. Journal of Post Keynesian Economics, 14, 3–22.
]Search in Google Scholar
[
Cansin Doker, A., Turkmen, A., & Selcuk Emsen, O. (2016). What are the demographic determinants of savings? An analysis on transition economies (1993–2013). Procedia Economics and Finance, 39, 275–283.
]Search in Google Scholar
[
Cardenas, M., & Escobar, A. (1998). Saving determinants in Colombia: 1925–1994. Journal of Development Economics, 57(1), 5–44.
]Search in Google Scholar
[
Checchi, D., & Garcia-Penalosa, C. (2008). Labour market institutions and income inequality. Economic Policy, 23(56), 602–649.
]Search in Google Scholar
[
Coale, A.J., & Hoover, E.M. (1958). Population growth and economic development in low income countries. Princeton University Press.
]Search in Google Scholar
[
Colak, O., & Ozturkler, H. (2012). Tasarrufun Belirleyicileri: Kuresel Tasarruf Egiliminde Degişim ve Turkiye’de Hanehalki Tasarruf Egiliminin Analizi. Bankacilar Dergisi, 23(82), 3–44.
]Search in Google Scholar
[
Cohn, A. R., & Kolluri, B. R. (2003). Determinants of household saving in the G-7 countries: Recent evidence. Applied Economics, 35(10), 1199–1208.
]Search in Google Scholar
[
Daudey, E., & García-Pennalosa, C. (2007). The personal and the factor distributions of income in a cross-section of countries. The Journal of Development Studies, 43(5), 812–829.
]Search in Google Scholar
[
Deger, S. (1986). Economic development and defense expenditure. Economic Development and Cultural Change, 35(1), s. 179–196.
]Search in Google Scholar
[
Domar, E. D. (1946). Capital expansion, rate of growth and employment. Econometrica, 14(2), 137–147.
]Search in Google Scholar
[
Doshi, K. (1994). Determinants of saving rate: An international comparison. Contemporary Economic Policy, 12(1), 37–45.
]Search in Google Scholar
[
Dynan, K., Skinner, J., & Zeldes, S. (1996). Do the rich save more? NBER Working Paper Series, 7906. https://www.nber.org/system/files/working_papers/w7906/w7906.pdf
]Search in Google Scholar
[
Felipe, J. (2012). Tracking the middle-income trap: What is it, who is in it, and why? ADB Economics Working Paper Series, 307. https://www.adb.org/sites/default/files/publication/29847/economics-wp-307.pdf
]Search in Google Scholar
[
Friedman, M. (1957). A theory of the consumption function. Princeton University Press.
]Search in Google Scholar
[
Gill, I., & Kharas, H. (2007). An East Asian renaissance: Ideas for economic growth. World Bank.
]Search in Google Scholar
[
Granville, B., & Mallick, S. (2004). Pension reforms and savings gains in the United Kingdom. Journal of Economic Policy Reform, 7(2), 123–136.
]Search in Google Scholar
[
Horioka, C. Y., & Hagiwara A. T. (2011). The determinants and long-term projections of saving rates in developing Asia. NBER Working Paper, 17581, 1–35.
]Search in Google Scholar
[
Horioka, C. Y., & Wan, J. (2007). The determinants of household saving in China: A dynamic panel analysis of provincial data. Journal of Money, Credit and Banking, 39(8), 2077–2096.
]Search in Google Scholar
[
Im, F. G., & Rosenblatt, D. (2013). Middle-income traps: a conceptual and empirical survey. World Bank Policy Research Working Paper, 6594. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2323097
]Search in Google Scholar
[
Jayasooriya, S. (2017). Growth slowdowns, middle-income trap, and demographic profile in South Asia. ADBI Working Papers Series, 736. https://www.adb.org/sites/default/files/publication/316186/adbi-wp736.pdf
]Search in Google Scholar
[
Jongwanich, J. (2010). The determinants of household and private savings in Thailand. Applied Economics, 42, 965–976.
]Search in Google Scholar
[
Kandil, M. (2015). Determinants of lower saving rates in the USA: Prospects and implications. International Journal of Finance & Economics, 20(4), 328–340.
]Search in Google Scholar
[
Kapingura, F. M., Ikhide, S., & Tsegaye, A. (2015). Determinants of savings in the SADC region: The role of foreign capital and financial development. Journal of Applied Business Research, 31(6), 2107–2122.
]Search in Google Scholar
[
Khan, R. E. A., & Hye, Q. M. A. (2010). Financial sector reforms and household savings in Pakistan: An ARDL approach. African Journal of Business Management, 4(16), 3447–3456.
]Search in Google Scholar
[
Kudaisi, B. (2013). Savings and its determinants in West Africa Countries. Journal of Economics and Sustainable Development, 4(18), 107–120.
]Search in Google Scholar
[
Larbi, D. A. (2013). The long run determinants of private domestic savings in Ghana: A cointegration approach. Journal of Economics and Sustainable Development, 4(4), 125–137.
]Search in Google Scholar
[
Loayza, N., & Shankar, R. (2000). Private savings in India. The World Bank Economic Review, 14(3), 571–594.
]Search in Google Scholar
[
Ma, Q., & Liu, M. (2022), The impact of savings rate on economic growth in Asian countries. National Accounting Review, 4(4), 412–427.
]Search in Google Scholar
[
Mason, A. (2001). Population change and economic development in East Asia. Stanford University Press.
]Search in Google Scholar
[
McKinnon, R. I. (1973). Money and capital in economic development. Brookings Institution.
]Search in Google Scholar
[
Modigliani, F. & Brumberg R. H. (1954). Utility Analysis and the consumption function: An interpretation of cross-section. data. In: K. K. Kurihara (Ed.), Post-Keynesian economics (pp. 388–436). Rutgers University Press.
]Search in Google Scholar
[
Morgan, P., & Long, T. (2020). Financial literacy, financial inclusion, and savings behavior in Laos. Journal of Asian Economies, 68(C).
]Search in Google Scholar
[
Nasir, S., & Khalid, M. (2004). Saving-investment behaviour in Pakistan: An empirical investigation. The Pakistan Development Review, 43(4), 665–682.
]Search in Google Scholar
[
Niculescu-Aron, I., & Mihăescu, C. (2012). Determinants of household savings in EU: What policies for increasing savings. Procedia—Social and Behavioral Sciences, 58, 483–492.
]Search in Google Scholar
[
Ogbokor, C., & Samahiya, O. (2014). A time series analysis of the determinants of savings in Namibia. Journal of Economics and Sustainable Development, 5(8), 52–64.
]Search in Google Scholar
[
Quartey, P. (2005). Financial sector development, savings mobilization and poverty reduction in Ghana. UNU World Institute for Development Economics Research (UNU-WISER).
]Search in Google Scholar
[
Ohno, K. (2009). Avoiding the middle-income trap: Renovating industrial policy formulation in Vietnam. ASEAN Economic Bulletin, 26(1), 25–43.
]Search in Google Scholar
[
Reinhart, C., & Tokatlidis, I. (2000). Financial liberalization: The African experience. Journal of African Economies, 12, 53–88. https://www.researchgate.net/publication/5212904_Financial_Liberalisation_The_African_Experience
]Search in Google Scholar
[
Samantaraya, A., & Patra, S. (2014). Determinants of household savings in India: An empirical analysis using ARDL approach. Economics Research International, 1–8.
]Search in Google Scholar
[
Schmidt-Hebbel, K., & Servén, L. (2000). Does income inequality raise aggregate saving? Journal of Development Economics, 61(2), 417–446.
]Search in Google Scholar
[
Solow, R. (1956). A contribution to the theory of economic growth. The Quarterly Journal of Economics, 70, 65–94.
]Search in Google Scholar
[
Su, D., & Yao, Y. (2017), Manufacturing as the key engine of economic growth for middle-income economies, Journal of the Asia Pacific Economy, 1, 47–70.
]Search in Google Scholar
[
Thanoon, M.A.M., & Baharumshah, A.Z. (2005). What happened to savings during the financial crisis—a dynamic panel analysis of Asian-5 countries. Economic Change and Restructuring, 38(3), 257–275.
]Search in Google Scholar
[
Thanoon, M. A. M., & Baharumshah, A. Z. (2012). Comparing savings behavior in Asia and Latin America: The role of capital inflows and economic growth. The Journal of Developing Areas, 46(1), 113–131.
]Search in Google Scholar
[
Tobin, J. (1967). life cycle savings and balanced growth. In I. Fosher & W. Fellner (Eds.), Ten economic studies in the tradition of Irving Fisher (Chapter 9). John Wiley & Sons.
]Search in Google Scholar
[
Tobing, E. (2012). Demography and cross-country differences in savings rates: A new approach and evidence. Journal of Population Economics, 25(3), 963–987.
]Search in Google Scholar
[
Wang, D., Jin, M., Guo, Z. (2016). Harberger-Laursen-Metzler effect with Modified Becker-Mulligan Preference by dynamic optimization, discrete dynamics in nature and society. Discrete Dynamics in Nature and Society, 1–8.
]Search in Google Scholar
[
Wolff, E. (2010). Recent trends in household wealth in the United States: Rising debt and the middle class squeeze: An update to 2007. Working Paper, 58. Levy Economics Institute. https://www.levyinstitute.org/publications/recent-trends-in-household-wealth-in-the-united-states-rising-debt-and-the-middle-class-squeezean-update-to-2007
]Search in Google Scholar
[
World Bank. (2022). World Bank country and lending groups. https://datahelpdesk.worldbank.org/knowledgebase/articles/906519-world-bank-country-and-lending-groups
]Search in Google Scholar
[
World Development Indicators. (n.d.). https://databank.worldbank.org/source/world-development-indicators
]Search in Google Scholar
[
Yasin, J. (2007). Demographic structure and private savings: Some evidence from emerging markets. Twenty –Seventh Annual Meeting of The Middle East Economic Association (MEEA) Allied Social Sciences Association (ASSA). Chicago.
]Search in Google Scholar
[
Zhuk, M. (2015). Macroeconomic determinants of household savings in Ukraine. Economics and Sociology, 8(3), 41–54.
]Search in Google Scholar
