Showing 1 - 10 of 216
savings does not fully close the negative estimated private saving gap, reducing it by less than 1 percentage point. No gap is …
Persistent link: https://www.econbiz.de/10011485060
systematically higher domestic savings than other countries in the region. Using the wealth of relevant databases available for the … country, the paper finds that a possible explanation is that household savings account for a majority of domestic savings, and … that the main instrument used for savings is durable goods, which implies that savings are not directly injected into the …
Persistent link: https://www.econbiz.de/10011485820
This paper describes the share of investment in fixed capital and working capital financed by retained earnings using a harmonized dataset from the World Bank Enterprise Survey. The sample includes firms across countries in Latin America and the Caribbean. Descriptive statistics are presented...
Persistent link: https://www.econbiz.de/10011473027
Using panel co-integration techniques and a comprehensive dataset covering the period 1980-2013, this paper finds a positive and significant correlation between national saving and domestic investment rates in Latin America and the Caribbean (LAC). The estimated correlation is approximately 0.39;...
Persistent link: https://www.econbiz.de/10011339421
This paper follows two strategies to address whether the rich save more. First, the paper implements a two-stage procedure in which the household's lifetime income is instrumented with the education level of the household head and the education level of his/her partner. Second, using information...
Persistent link: https://www.econbiz.de/10011290956
This paper compares the saving behavior of formal and informal workers and additionally provides a socioeconomic and financial characterization of informal workers in Chile. The paper uses the Financial Household Survey conducted by the Central Bank of Chile in 2007, 2008, 2009 and 2010, which...
Persistent link: https://www.econbiz.de/10011290974
Latin American countries have long exhibited low levels of saving rates when compared to other countries in relatively similar stages of economic development (e.g., Asian economies). Motivated by this fact, this paper examines the time path of the saving rates between 1970 and 2010 in three...
Persistent link: https://www.econbiz.de/10011784490
Using micro data on expenditure and income for 17 Latin American and Caribbean (LAC) countries, this paper presents stylized facts on saving behavior by age, education, income and place of residence. Counterfactual saving rates are computed by imposing the saving behavior, the population...
Persistent link: https://www.econbiz.de/10011316663
This study explores the relationship between demographic factors and saving rates using a panel dataset covering 110 countries between 1963 and 2012. In line with predictions from theory, this paper finds that lower dependency rates and greater longevity increase domestic saving rates. However,...
Persistent link: https://www.econbiz.de/10011457320
This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin …
Persistent link: https://www.econbiz.de/10011289284