Narayan, Paresh Kumar; Narayan, Seema - In: International Journal of Social Economics 33 (2006) July, pp. 468-480
Purpose – This paper aims to delineate the short- and long-run relationships between savings, real interest rate … cent increase in growth rate increases savings by over 0.07 and 0.5 per cent, respectively; a 1 per cent increase in the … CAD reduces savings rate by 0.01 and 0.02 per cent, respectively; and the negative coefficient on the real interest rate …