TABLE 8.8 Consumption Expenditure, Saving as Residual (Aggregate) and Saving Rate
a
Consumption expenditure Saving as residual
Saving
rateYear Age
Number of
observations Mean
Standard
deviation Median Mean
Standard
deviation Median
1982 20–24 721 20,749 17,941 16,764 1,402 18,349 2,163 0.0327
25–29 883 29,048 41,248 19,616 1,054 41,409 4,786 0.0579
30–34 910 32,069 45,721 23,674 6,589 45,460 7,862 0.1113
35–39 673 32,167 32,659 25,264 7,369 35,842 8,580 0.1590
40–44 511 31,667 23,274 26,587 10,558 25,252 10,157 0.2626
45–49 475 35,267 37,164 26,493 5,165 36,053 8,797 0.0989
50–54 517 29,624 27,607 23,782 12,617 28,983 10,929 0.3130
55–59 499 25,732 21,916 20,849 11,902 28,697 11,498 0.2878
60–64 494 24,326 44,410 17,728 5,746 43,391 4,927 0.2031
65–69 432 17,815 17,896 14,827 6,457 21,788 4,094 0.2246
70–74 345 14,857 10,222 12,449 3,944 14,056 2,952 0.1981
75+ 449 12,055 10,331 9,554 4,129 12,873 2,726 0.2347
1983 20–24 534 24,388 34,203 17,563 2,710 32,562 1,329 0.1714
25–29 638 33,508 44,994 22,475 1,701 44,027 3,328 0.0570
30–34 617 43,233 69,851 25,030 6,567 66,646 4,449 0.1999
35–39 502 42,189 82,790 27,655 3,751 85,402 5,181 0.0735
40–44 351 45,987 68,641 29,508 407 64,311 6,916 0.0432
45–49 339 36,463 44,411 25,934 4,726 42,211 6,504 0.1042
50–54 315 33,033 39,453 23,865 9,517 42,632 11,675 0.2147
55–59 357 26,424 30,783 20,283 6,643 29,174 6,457 0.1956
60–64 335 24,672 20,255 20,001 4,220 22,706 2,345 0.1880
65–69 305 22,316 16,995 17,798 1,038 20,190 1,973 0.0940
70–74 235 17,205 15,371 12,866 3,400 16,977 2,151 0.1087
75+ 289 12,712 10,044 9,944 3,457 14,374 1,576 0.2543
1984 20–24 548 28,153 35,816 20,100 4,614 35,882 771 0.1663
25–29 672 35,091 48,518 22,538 2,597 46,754 3,750 0.0981
30–34 616 38,972 56,334 25,496 2,397 54,371 5,624 0.0619
35–39 543 43,754 66,820 27,711 3,569 66,360 6,924 0.0258
40–44 450 39,157 49,565 30,309 4,958 52,384 8,051 0.1180
45–49 338 41,802 54,521 29,850 309 51,779 5,125 0.0155
50–54 333 34,692 31,529 27,008 6,795 40,324 5,481 0.1785
55–59 344 29,371 25,422 23,039 10,209 29,559 4,636 0.2227
60–64 325 25,305 20,800 19,431 5,576 26,366 3,407 0.1939
(Continues)
TABLE 8.8 (Continued )
392 Appendix

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