Showing 1 - 10 of 133
The paper develops a theoretical model showing a mutual relationship between corruption and capital account restrictions. According to the model, higher corruption induces stricter restrictions and vice versa. We test the model using panel data for 112 countries over the period 1984-2002 and...
Persistent link: https://www.econbiz.de/10005556016
dynamics. We find that money growth (M1 and M2), national savings, and import growth correlate with currency crises. …
Persistent link: https://www.econbiz.de/10005119432
Indicators of financial crisis generally do not have a good track record. This paper presents an early warning system for six countries in Asia, in which indicators do work.We distinguish three types of financial crises, currency crises, banking crises and debt crises, and extract four groups of...
Persistent link: https://www.econbiz.de/10005119472
-control are more likely to invest in illiquid pensions while less likely to hold very liquid forms of assets. …
Persistent link: https://www.econbiz.de/10005556890
This paper explores the consequences of rising returns to human capital investment on the personal savings rate. Over … to argue the presence of 'skill biased technological progress'. The literature explaining household savings has also … negative relationship between returns to education and savings rates across most of the past century and also a negative …
Persistent link: https://www.econbiz.de/10005076792
This paper explores the consequences of skill biased technological progress on the savings rates. The literature, both … burgeoned considerably. So has the literature on declining household savings, motivated by the American experience over the past … couple of decades. I present a general equilibrium model where declining savings rates emerges as an outcome of exogenously …
Persistent link: https://www.econbiz.de/10005412682
behavioral saving strategies are not predictors of savings amounts in IDAs. Additional research is needed to understand the …
Persistent link: https://www.econbiz.de/10005556710
This paper investigates the quantitative importance of different savings motives on the distributions of wealth and …
Persistent link: https://www.econbiz.de/10005561081
profit function rationalizing consumption, labor supply and savings is specified, estimated and used to test commonly …
Persistent link: https://www.econbiz.de/10005561778
Two types of legislation underlie cadaveric organ donations: presumed consent (PC) and informed consent (IC). In informed consent countries, people are only donors when deceased if they registered to do so while alive. Conversely, in presumed consent countries, anybody is a potential donor when...
Persistent link: https://www.econbiz.de/10005134635