Showing 1 - 10 of 68
This paper develops and tests a model of Japan’s household savings rate, based on the life-cycle hypothesis that the … primary motive for savings is provision for retirement. The paper shows that Japan’s high household savings rate in recent …
Persistent link: https://www.econbiz.de/10014395990
Trinidad and Tobago is experiencing an energy boom stronger than the ones in 1970s and 1980s. The main fiscal policy challenge is to ensure that the increased revenues from the ultimately exhaustible resources are used in a way that protects the competitiveness of the nonenergy sector, builds...
Persistent link: https://www.econbiz.de/10014404189
This report reviews the macroeconomic determinants of the rapid growth in the Spanish housing market, including various policy elements. It examines the vulnerabilities of households' finances as a result of the rapid growth of housing prices and mortgage debt. It also describes the Spanish...
Persistent link: https://www.econbiz.de/10014407049
For most citizens, buying a residential property (dwelling) is the most important transaction during their lifetime. Residential properties represent the most significant component of households’ expenses and, at the same time, their most valuable assets. The Residential Property Prices...
Persistent link: https://www.econbiz.de/10014394866
Sharp increase in house prices in Hong Kong SAR in 2009-2010 has led to concerns of an emerging real estate bubble. According to our measure of price deviation from fundamentals, which should be taken as an early warning indicator of market exuberance, the current level of house prices in Hong...
Persistent link: https://www.econbiz.de/10014403229
Household savings behavior in China during the past 30 years has been studied by using econometric models with the time …
Persistent link: https://www.econbiz.de/10014396466
The issue of productivity growth in Canada has received considerable attention reflecting its marked slowdown since the … in Canada, it is useful to decompose total factor productivity (TFP) into investment-specific productivity change (ISP …) and technologically neutral productivity change (TNP). The gap in manufacturing productivity growth between Canada and the …
Persistent link: https://www.econbiz.de/10014402843
The paper presents Canada’s report on the Observance of Standards and Codes on the Financial Action Task Force (FATF …) recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). Canada has strengthened its overall …
Persistent link: https://www.econbiz.de/10014404389
The spillovers from the U.S. economy to Canada have been assessed. It uses structural vector autoregressions to analyze … the role of financial linkages in real and financial spillovers from the United States to Canada. The implications of … Canada’s predictable price level have been analyzed. Innovative small and medium-size enterprises have significantly greater …
Persistent link: https://www.econbiz.de/10014406867
slowdown in large part has reflected the slowing in the United States economy, which has reduced growth in Canada’s exports and …
Persistent link: https://www.econbiz.de/10014406995