Similar Search Results

Lower oil prices and the U.S. economy : is this time different?

Baumeister, Christiane; Kilian, Lutz - 2017

-oil related investment, of an increase in household savings, or of households deleveraging. …

Persistent link: https://www.econbiz.de/10011601181

Brueckner, Jan K. (contributor) - 2005

This paper uses an endogenous-growth model with overlapping generations to explore the connection between fiscal federalism and economic growth. The analysis shows that federalism, which allows public-good levels to be tailored to suit the differing demands of young and old consumers, who live...

Persistent link: https://www.econbiz.de/10003297331

Stimulating long-term growth and welfare in the U.S.

Malley, James R.; Philippopulos, Apostolēs - 2023

We develop an endogenous growth model to quantify how permanent structural policy changes that enhance the fiscal policy mix, markets' functioning, and public institutions' quality affect long-term growth and welfare. The reforms include increased public investment, reduced market power through...

Persistent link: https://www.econbiz.de/10014364961

Does pension privatization increase economic growth? : evidence from Latin America and Eastern Europe

Altiparmakov, Nikola; Nedeljkovic, Milan - 2016

privatization effects on savings in Eastern Europe, with limited evidence of positive savings effects in Latin America. These …

Persistent link: https://www.econbiz.de/10011536201

Commodity price volatility, democracy and economic growth

Arezki, Rabah; Thorvaldur Gylfason - 2011

We use a new dataset on non-resource GDP to examine the impact of commodity price volatility on economic growth in a panel of up to 158 countries during the period 1970-2007. Our main finding is that commodity price volatility leads to a significant increase in non-resource GDP growth in...

Persistent link: https://www.econbiz.de/10009355147

Do natural disasters stimulate individual saving? : evidence from a natural experiment in a highly developed country

Berlemann, Michael; Steinhardt, Max Friedrich; Tutt, Jascha - 2015

-Economic Panel that we combine with geographic flood data, we compare the savings behavior of affected and non-affected individuals …

Persistent link: https://www.econbiz.de/10010518804

Cash in hand and savings decisions

Spantig, Lisa - 2019

study how cash in hand influences decisions in a different but very important domain: savings. Savings accounts are a … promising tool for reducing poverty, but the use of savings accounts is often puzzlingly low. Holding on to cash that needs to … be physically deposited into a savings account may increase the psychological costs of saving. This study experimentally …

Persistent link: https://www.econbiz.de/10012039050

Unemployment and Consumption: Are Job Losses Less Painful near the Mediterranean?

Bentolila, Samuel; Ichino, Andrea - 2000

In this paper we analyze the relationship between unemployment and consumption. We study this relationship with panel data on households in five countries: Spain and Italy (the South), and Germany, Britain, and the US (the North). Our empirical results indicate that an increase in the duration...

Persistent link: https://www.econbiz.de/10009781654

What is an adequate standard of living during retirement?

Binswanger, Johannes; Schunk, Daniel - 2009

Many economists and policy-makers argue that households do not save enough to maintain an adequate standard of living during retirement. However, there is no consensus on the answer to the underlying question about what this standard should be, despite the fact that it is crucial for the design...

Persistent link: https://www.econbiz.de/10003923525

Re-examining the decline in the US saving rate : the impact of mortgage equity withdrawal

Caporale, Guglielmo Maria; Costantini, Mauro; Paradiso, … - 2012

In this paper we examine the role of mortgage equity withdrawal in explaining the decline of the US saving rate, since when house prices rise and mortgage rates are low, homeowners have an incentive to withdraw housing equity and this may affect the saving rate. We estimate a Vector Error...

Persistent link: https://www.econbiz.de/10009571747