Aizenman, Joshua; Cheung, Yin-Wong; Itō, Hiro - 2015
We evaluate the impact of the global financial crisis (GFC) and recent structural changes in the patterns of hoarding … the pre-GFC period of 1999-2006, gross saving is associated with higher IR in developing and emerging markets. The … the 2007 - 2009 GFC period, previously significant variables become insignificant or display the opposite effect, probably …