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The Savers-Spenders Theory of Fiscal Policy.
Mankiw, N.G. - Harvard Institute of Economic Research (HIER), … - 2000
The Macroeconomic analysis of fiscal policy is usually based on one of two canonical models--the Barro-Ramsey model of infinitely-lived families or the Diamond-Samuelson model of overlapping generations. This paper argues that neither model is satisfactory and suggests an alternative. In the...
Persistent link: https://www.econbiz.de/10005245657
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Why Aren't Saving Rates in Latin America Procyclical?
Lane, P.; Tornell, A. - Harvard Institute of Economic Research (HIER), … - 1998
We document a striking empirical regularity: Latin American savings rates are as a rule substantially less procyclical … cyclical behavior of savings in Latin America. …
Persistent link: https://www.econbiz.de/10005256023
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IMPERFECT ANNUITY MARKETS, UNINTENDED BEQUESTS AND THE OPTIMAL AGE STRUCTURE OF SOCIAL SECURITY BENEFITS.
FELDSTEIN, M. - Harvard Institute of Economic Research (HIER), … - 1989
Persistent link: https://www.econbiz.de/10005777212
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PRECAUTIONAL SAVINGS AND THE PERMANENT INCOME HYPOTHESIS.
WEIL, P. - Harvard Institute of Economic Research (HIER), … - 1990
Persistent link: https://www.econbiz.de/10005777213
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AN AGING SOCIETY: OPPORTUNITY OR CHALLENGE.
CUTLER, D.M.; POTERBA, J.M.; SUMMERS, L.H. - Harvard Institute of Economic Research (HIER), … - 1990
Persistent link: https://www.econbiz.de/10005633680
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RISK AVERSION AND INTERTEMPORAL SUBSTITUTION IN THE CAPITAL ASSET PRICING MODEL.
GIOVANNINI, A.; WEIL, P. - Harvard Institute of Economic Research (HIER), … - 1989
Persistent link: https://www.econbiz.de/10005633808
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SAVINGS BEHAVIOR IN DEVELOPING COUNTRIES.
COLLINS, S. - Harvard Institute of Economic Research (HIER), … - 1989
Persistent link: https://www.econbiz.de/10005633820
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NATIONAL SAVING AND INTERNATIONAL INVESTMENT.
FELDSTEIN, M.; BACCHETTA, P. - Harvard Institute of Economic Research (HIER), … - 1989
Persistent link: https://www.econbiz.de/10005478848