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Does Inflation Slow Long-Run Growth in India?

Mohaddes, Kamiar; Raissi, Mehdi - International Monetary Fund (IMF) - 2014

This paper examines the long-run relationship between consumer price index industrial workers (CPI-IW) inflation and …, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically …-significant inflation-growth threshold effects in the case of states with persistently-elevated inflation rates of above 5.5 percent. This …

Persistent link: https://www.econbiz.de/10011142122

The volatility trap : precautionary saving, investment, and aggregate risk

Cherif, Reda; Hasanov, Fuad - 2012

We study the effects of permanent and temporary income shocks on precautionary saving and investment in a ""store-or-sow"" model of growth. High volatility of permanent shocks results in high precautionary saving in the safe asset and low investment, or a ""volatility trap."" Namely, big savers...

Persistent link: https://www.econbiz.de/10009615558

Dissecting saving dynamics : measuring wealth, precautionary, and credit effects

Carroll, Chris; Slacalek, Jirka; Sommer, Martin - 2012

We argue that the U.S. personal saving rate's long stability (from the 1960s through the early 1980s), subsequent steady decline (1980s - 2007), and recent substantial increase (2008 - 2011) can all be interpreted using a parsimonious 'buffer stock' model of optimal consumption in the presence...

Persistent link: https://www.econbiz.de/10009622528

Current Account and Precautionary Savings for Exporters of Exhaustible Resources

Bems, Rudolfs - 2009

Exporters of exhaustible resources have historically exhibited higher income volatility than other economies, suggesting a heightened role for precautionary savings. This paper uses a parameterized small open economy model to quantify the role of precautionary savings in economies with...

Persistent link: https://www.econbiz.de/10012677722

Frugality

Tanner, Evan - 2009

Household savings rates in the United States have recently crept up from all-time lows. Some have suggested that a shift toward frugality will hamper GDP growth-the Keynesian ""paradox of thrift."" We estimate that households compensate for a fall in their asset income by saving more out of...

Persistent link: https://www.econbiz.de/10012677868

World Saving

Grigoli, Francesco - 2014

This paper presents new evidence on the behavior of saving in the world, by extending previous empirical research in five dimensions. First, it is based on a very large and recent database, covering 165 countries from 1981 to 2012. Second, it conducts a robustness analysis across different...

Persistent link: https://www.econbiz.de/10012678775

Is Housing Wealth an 'ATM'? The Relationship Between Household Wealth, Home Equity Withdrawal, and Saving Rates.

Klyuev, Vladimir - 2006

Intro -- Contents -- I. INTRODUCTION -- II. HAVE SAVING RATES REALLY FALLEN? -- III. LIKELY IMPACT OF FINANCIAL INNOVATION AND LIBERALIZATION ON HOME EQUITY WITHDRAWAL ( HEW) AND SAVING -- IV. TRENDS IN HEWAND HOUSEHOLD SAVING ACROSS COUNTRIES -- V. HOW DOES HEW AFFECT HOUSEHOLD SAVING? -- VI....

Persistent link: https://www.econbiz.de/10012691040

Do Debt-Service Savings and Grants Boost Social Expenditures?.

Thomas, Alun - 2006

Persistent link: https://www.econbiz.de/10012691075

What Explains Private Saving in Mexico?.

Swiston, Andrew - 2006

Intro -- Contents -- I. INTRODUCTION -- II. GROWTH, SAVING, AND INVESTMENT IN AN EMERGING MARKET ECONOMY -- III. THE MEASUREMENT OF PRIVATE SAVING -- IV. CROSS-COUNTRY EVIDENCE -- V. TIME-SERIES EVIDENCE FOR MEXICO -- VI. MEXICO'S SAVING: WHICH WAY DOES THE CAUSALITY GO? -- VII. CONCLUSIONS --...

Persistent link: https://www.econbiz.de/10012691124

Who Saves in Ireland? The Micro Evidence.

Moreno-Badia, Marialuz - 2006

Intro -- Contents -- I. INTRODUCTION -- II. WHO SAVES IN IRELAND? -- III. ARE HOUSEHOLD SAVINGS AFFECTED BY CAPITAL GAINS IN HOUSING? -- IV. THE SPECIAL SAVINGS INCENTIVE ACCOUNTS -- V. CONCLUDING REMARKS -- APPENDIX I -- APPENDIX II -- APPENDIX III -- REFERENCES.

Persistent link: https://www.econbiz.de/10012691166