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Income inequality and aggregate saving : the cross-country evidence

Schmidt-Hebbel, Klaus; Serven, Luis - Economics Research, World Bank Group - 1996

has focused on the impact of income inequality and growth. Less attention has been paid to the link between inequality and … which income inequality can affect aggregate saving. The authors present new econometric evidence on the link between saving … and inequality using new data on income distribution for a large cross-country sample. The results provide no evidence …

Persistent link: https://www.econbiz.de/10005133727

Household saving in developing countries : first cross-country evidence

Schmidt-Hebbel, Klaus; Webb, Steven B.; Corsetti, Giancarlo - Economics Research, World Bank Group - 1991

This study uses time-series of household data from eleven developing countries to test several hypotheses about saving behavior. Besides just widening the scope of information being used to test the hypotheses, the data set in this study has the advantage of a consistent definition across...

Persistent link: https://www.econbiz.de/10005116715

Public policies and saving in developing countries

Corbo, Vittorio; Schmidt-Hebbel, Klaus - Economics Research, World Bank Group - 1991

This paper draws on estimates of consumption functions for 13 developing countries to analyze the effectiveness of public policy in raising saving. First, it provides evidence from time-series and panel data on how liquidity constraints affect consumption functions. This suggests that a rise in...

Persistent link: https://www.econbiz.de/10004989751

What drives private saving around the world?

Loayza, Norman; Schmidt-Hebbel, Klaus; Serven, Luis - Economics Research, World Bank Group - 2000

The authors investigate the policy and non-policy factors behind saving disparities, using a large panel data set and an encompassing approach including several relevant determinants of private saving. They extend the literature in several dimensions, by: 1) Using the largest data set on...

Persistent link: https://www.econbiz.de/10004989783