data.savings: International Life-Cycle Savings and Disposable Income

data.savingsR Documentation

International Life-Cycle Savings and Disposable Income


This data set describes the savings behavior of 50 countries in 1960-1970. The data set includes demographical variables as well as variables on disposable income.




A data frame with 50 observations on the following five variables.

sr ratio of the country's private savings to its disposable income.
pop15 share of the country's population under 15.
pop75 share of the country's population over 75.
dpi country's real per capita disposable income (in dollar).
ddpi growth rate of the country's disposable income per capita (in percent).


Under the life-cycle savings hypothesis as developed by Franco Modigliani, the savings ratio (aggregate personal saving divided by disposable income) is explained by per-capita disposable income, the percentage rate of change in per-capita disposable income, and two demographic variables: the percentage of population less than 15 years old and the percentage of the population over 75 years old. The data are averaged over the decade 1960-1970 to remove the business cycle or other short-term fluctuations.

In Auer et al. (2023, Chaps. 9, 10 & 12) the data set is used to illustrate the econometric analysis of a multivariate linear regression model.


R package datasets (object LifeCycleSavings).


Auer, L.v., Hoffmann, S. & Kranz, T. (2023): ├ľkonometrie - Das R-Arbeitsbuch, 2nd ed., Springer-Gabler (

desk documentation built on May 29, 2024, 6:05 a.m.

Related to data.savings in desk...