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Data on the savings ratio for 60 countries are in the file savings.csv and can be found in the Data folder on our Canvas site.

Data on the savings ratio for 60 countries are in the file savings.csv and can be found in the Data folder on our Canvas site. The savings ratio is the aggregate personal savings divided by disposable income. Under the life-cycle savings hypothesis, the savings ratio is explained by the percentage of population less than 15 years old, and the percentage rate of change in per-capita disposable income. Definitions of 4 variables are provided below

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