The impact of age structure on household saving: An empirical investigation in three South Asian economies

Author Affiliation

Naved Ahmad is Professor at Institute of Business Administration (IBA), Karachi

Faculty / School

Faculty of Business Administration (FBA)


Department of Economics

Was this content written or created while at IBA?


Document Type


Source Publication

International Journal of Economic Perspectives


Business | Economic History | Economics | Economic Theory


The main objective of our study is to evaluate the impact of age structure on household saving in India, Pakistan and Bangladesh through Panel data estimation techniques. Empirical finding reveals that young dependency exerts negative and significant impact on household saving. Old dependency also negatively but insignificantly affects household saving. Our results also suggest that GDP per capita has significant positive impact on household saving. Moreover, Inflation, a proxy for macroeconomic stability, is inversely related to household saving. The overall findings suggest that these economies should focus on reducing fertility rate through effective family planning to improve household saving performance. Moreover, government should also implement policies that reduce inflation which in turn may enhance household saving.

Indexing Information

Scopus, Australian Business Deans Council (ABDC)

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Impact Factor: 10.282

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