Saving for a rainy day: Keith Chen on language that forecasts weather — and behavior

By Keith Chen How are China, Estonia and Germany different from India, Greece and the UK? To an economist, one answer is obvious: savings rates. Germans save 10 percentage points more than the British do (as a fraction of GDP), while Estonians and Chinese save a whopping 20 percentage points more than Greeks and Indians. … Continue reading Saving for a rainy day: Keith Chen on language that forecasts weather — and behavior