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This profile was automatically generated using 2 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 2 references found on the Internet. This information has not been verified. Learn more...
Employment History
View...Web References
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1. Reuters Recommends News Article | Reuters.com
www.reuters.com/newsArticle.jh - [Cached]Published on: 6/10/2004 Last Visited: 6/10/2004
"Household savings declined until 2000-2001 and then there's a leveling off," said Charles Aspden, a statistician at the OECD who contributed to the study.
The study investigated possible reasons for the differences in household savings ratios across the three regions, including payments for public services, taxes and differences in social security systems, but these did not provide an explanation, Aspden said.
The difference could be technical but may also be related to cultural differences, the aging of the respective societies or perceptions of wealth, which could affect saving, he added.
"For example, if you own your own home and it is appreciating in value, you may feel more wealthy and feel less need to save," Aspden said. -
2. Reuters Recommends News Article | Reuters.com
gulf.reuters.com/newsArticle.j - [Cached]Published on: 6/9/2004 Last Visited: 6/9/2004
"Household savings declined until 2000-2001 and then there's a leveling off," said Charles Aspden, a statistician at the OECD who contributed to the study.
The study investigated possible reasons for the differences in household savings ratios across the three regions, including payments for public services, taxes and differences in social security systems, but these did not provide an explanation, Aspden said.
The difference could be technical but may also be related to cultural differences, the aging of the respective societies or perceptions of wealth, which could affect saving, he added.
"For example, if you own your own home and it is appreciating in value, you may feel more wealthy and feel less need to save," Aspden said.

