Showing 1 - 4 of 4
After years of poor economic performance, many Latin American countries undertook ambitious programs of macroeconomic stabilization andstructural reform in recent years. This change in policy created high expectations for the region, and some observers have questioned whether actual growth...
Persistent link: https://www.econbiz.de/10005129321
the possibilities and limits of a saving-based growth agenda in the context of the Egyptian economy. This is done through … a simple theoretical model, calibrated to fit the Egyptian economy, and simulated to explore different potential … scenarios. The main conclusion is that if the Egyptian economy does not experience progress in productivity -- stemming from …
Persistent link: https://www.econbiz.de/10008800593
The authors evaluate whether the level of development in the banking sector exerts a causal impact on economic growth and its sources-total factor productivity growth, physical capital accumulation, and private saving. They use (1) a pure cross-country instrumental variable estimator to extract...
Persistent link: https://www.econbiz.de/10005116009
neoclassical growth model with endogenous private saving, calibrates it to fit the Sri Lankan economy, and simulates the behavior …
Persistent link: https://www.econbiz.de/10010829428