The Cross-Country Effects of Education Level on Savings Rate

Madrigal, Rodrigo; Murphy, Casey

Title:

The Cross-Country Effects of Education Level on Savings Rate

dc.contributor.author	Madrigal, Rodrigo
dc.contributor.author	Murphy, Casey
dc.contributor.corporatename	Georgia Institute of Technology. School of Economics	en_US
dc.date.accessioned	2022-11-21T13:59:04Z
dc.date.available	2022-11-21T13:59:04Z
dc.date.issued	2022-11
dc.description.abstract	This analysis attempts to find the relationship between the education level of the people of a country and the savings rate of the people in a country at the global scale. Previous research has found there to be a positive relationship between education levels and savings rates both across the US and across countries. This study uses both simple and multiple linear regression models to analyze and find the relationship between the two variables to see if those past studies hold up with modern data. Results were mixed as in the simple regression model education was very significant and positive, but in the multiple regression models education became negative when income was considered. There was special consideration as to whether a country was considered developed or developing.	en_US
dc.identifier.uri	http://hdl.handle.net/1853/69959
dc.publisher	Georgia Institute of Technology	en_US
dc.subject	Econometric analysis	en_US
dc.subject	Savings	en_US
dc.title	The Cross-Country Effects of Education Level on Savings Rate	en_US
dc.type	Text
dc.type.genre	Undergraduate Research Paper
dspace.entity.type	Publication
local.contributor.corporatename	School of Economics
local.contributor.corporatename	Ivan Allen College of Liberal Arts
local.relation.ispartofseries	Economics: Econometric Analysis
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