Description
Book SynopsisSavings and wealth accumulation are important dimensions of research and policy debates. This collection of critical surveys presents the reader with a range of up-to-date work from some of the leading scholars in the area, writing on private and public sector aspects of savings and wealth accumulation.
Table of Contents1. Savings and Wealth Accumulation: Measurement, Influences and Institutions 1
Edda Claus and Iris Claus
2. Recent Developments in Consumer Credit and Default Literature 9
Igor Livshits
3. Student Debt Effects on Financial Well-Being: Research and Policy Implications 33
William Elliott and Melinda Lewis
4. Islamic Banking and Finance: Recent Empirical Literature and Directions for Future Research 59
Pejman Abedifar, Shahid M. Ebrahim, Philip Molyneux and Amine Tarazi
5. Wealth Inequality: A Survey 93
Frank A. Cowell and Philippe Van Kerm
6. Defining the Government’s Debt and Deficit 139
Timothy C. Irwin
7. Rise of the Fiduciary State: A Survey of Sovereign Wealth Fund Research 163
William L. Megginson and Veljko Fotak
8. Genuine Savings and Sustainability 213
Nick Hanley, Louis Dupuy and Eoin McLaughlin
9 Savings in Times of Demographic Change: Lessons from the German Experience 245
Axel Börsch-Supan, Tabea Bucher-Koenen, Michela Coppola and Bettina Lamla
10. Economic Determinants of Workers’ Retirement Decisions 271
Courtney C. Coile
Index 297