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This paper provides instrumental variables estimates of the response of aggregate private consumption to transitory … transitory shocks to aggregate output on private consumption in poor countries. …
Persistent link: https://www.econbiz.de/10011056357
This paper provides instrumental variables estimates of the response of aggregate private consumption to transitory … transitory shocks to aggregate output on private consumption in poor countries. …
Persistent link: https://www.econbiz.de/10011083244
In der Juliausgabe veröffentlichte der Wirtschaftsdienst einen Aufsatz von Georg Erber mit dem Titel „Irrungen und Wirrungen mit der Leistungsbilanzstatistik“. Dazu äußert sich Jan Priewe kritisch. Anschließend stellt Georg Erber in einer Erwiderung seine Sicht dar.
Persistent link: https://www.econbiz.de/10009689201
The wealthy hand-to-mouth are households who hold little or no liquid wealth (cash, checking, and savings accounts), despite owning sizable amounts of illiquid assets (assets that carry a transaction cost, such as housing or retirement accounts). We use survey data on household portfolios for...
Persistent link: https://www.econbiz.de/10011084522
Persistent link: https://www.econbiz.de/10013469789
Persistent link: https://www.econbiz.de/10013269793
Persistent link: https://www.econbiz.de/10011430939
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
This study examines the relationship between current-account imbalances and economic growth during the 2008-2009 financial and economic crisis for 179 countries (covered by IMF data) and within the EU-27 countries (covered by Eurostat data). The countries are divided into 4 groups by GDP per...
Persistent link: https://www.econbiz.de/10010406280
part applies the methodology to the long-run allocation of capital and consumption in a large cross section of countries … systematic relation between fast growth and preference for delayed consumption. The third part applies the methodology to the …
Persistent link: https://www.econbiz.de/10014025377