Showing 1 - 10 of 333
This paper investigates how China's saving, investment, and saving-investment balance will evolve in the decades ahead …, cross-country empirical analysis shows that economywide saving and investment in China are higher than what would be … demographics - saving and investment would both decline only mildly in the coming two decades, with ambiguous impact on the current …
Persistent link: https://www.econbiz.de/10012748022
A widely shared view holds that there is no policy-exploitable causal connection from saving to growth because domestic saving is fully endogenous, optimally determined, or substitutable by foreign saving. Yet, abandoning these assumptions, which are questionable in the real world of frictions,...
Persistent link: https://www.econbiz.de/10012971285
This paper analyzes and reconciles macro and micro evidence on savings and factors that affect savings, as well as … possible policy implications. At the aggregate level, the main question is how savings are affected by growth and macroeconomic … determinants can be reconciled with microeconomic evidence of the savings behavior of households. Using macroeconomic quarterly …
Persistent link: https://www.econbiz.de/10012974165
, the public sector has much room for reducing its deficits and increasing public investment. Similarly, external investors … are likely to encounter attractive and profitable investment projects in the coming years in a reformed and peaceful … gross domestic product by 2013; and second, increasing international investment in the country by letting the current …
Persistent link: https://www.econbiz.de/10012974727
This study illustrates the mechanisms linking national saving and economic growth, with the purpose of understanding the possibilities and limits of a saving-based growth agenda in the context of the Egyptian economy. This is done through a simple theoretical model, calibrated to fit the...
Persistent link: https://www.econbiz.de/10012976208
This paper analyzes the macroeconomic implications of population aging in Brazil. Three alternative yet complementary methodologies are adopted, and depending on policy responses to the fiscal implications of aging, there are two main findings: First, saving rates could increase and not...
Persistent link: https://www.econbiz.de/10012976226
Private savings play a pivotal role in financing development and sustaining growth. Recently, there have been many … theoretical developments that underpin key determinants of savings behavior, many of which merit empirical investigation …. Understanding the dynamics of the determinants of savings is crucial to inform economic policy and devise reform programs. This …
Persistent link: https://www.econbiz.de/10012959137
estimates the association between changes in the share of working-age population with per capita growth, savings, and poverty … gross domestic product per capita growth by more than one percentage point, with similarly positive effects on savings and …
Persistent link: https://www.econbiz.de/10012968199
economic growth causes investment and savings than investment and savings cause economic growth …Few economic ideas are as intuitive as the notion that increasing investment is the best way to raise future output … patterns of investment and capital formation were not the main factors that led nations to be rich or poor, fast-growing or …
Persistent link: https://www.econbiz.de/10012746919
This paper investigates the role of fiscal guarantees in promoting infrastructure investment. Infrastructure is a … give guarantees for reasons of fiscal prudence. The paper argues that governments and large investment guarantee agencies … be fiscally prudent and yet boost investment, especially in infrastructure, and thereby promote growth …
Persistent link: https://www.econbiz.de/10012973277