Showing 1 - 10 of 101
This paper examines the growth pattern followed by the Chilean economy with reference to the macroeconomic reforms undertaken during the Pinochet regime, which were largely maintained by successive democratic administrations and partially reproduced by neighbouring countries. The focus is on the...
Persistent link: https://www.econbiz.de/10005126348
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
MOBILIZING DOMESTIC SAVINGS FOR DEVELOPMENT AND THE CONSTRAINTS IN THE EFFICIENT PERFORMANCE OF THIS ROLE. EMPIRICAL EVIDENCE …
Persistent link: https://www.econbiz.de/10005076971
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
This paper surveys the existing literature on the determinants of household savings and credit in developing countries …
Persistent link: https://www.econbiz.de/10005556083
This paper investigates the quantitative importance of different savings motives on the distributions of wealth and …
Persistent link: https://www.econbiz.de/10005561081
During the last two decades of the twentieth century, Brazil went through a sequence of failed stabilization plans that tried to cope with an enduring hyperinflation. This paper uses a money demand model to evaluate monetary policies during those episodes. The consistency between the money...
Persistent link: https://www.econbiz.de/10005124863
The recovery from the 1890s depression in Australia was prolonged, and economic growth 1895-1913 was below that in the comparable settler economies of Argentina and Canada. Why? Australia’s hesitant initial recovery is typically attributed to the imbalances in the economy resulting from the...
Persistent link: https://www.econbiz.de/10005124971
Argentina’s money and banking system was hit hard by the Great Depression. The banking sector was awash with bad assets that built up in the 1920s. Gold convertibility was suspended in December 1929, even before the crisis seriously damaged the core economies. Commonly, these events are seen...
Persistent link: https://www.econbiz.de/10005561092
We are increasingly cognizant of the limits to large cross-country empirical studies in trying to understand in-depth a particular country reality, in ways useful for advice. At the same time, merely relying on a single country account at a particular point in time ignores the historical and...
Persistent link: https://www.econbiz.de/10005118669