Showing 1 - 10 of 322
We use nationally representative survey data from Mexico to compare households with savings accounts in formal financial institutions to their neighbors who do not have such accounts. The survey, which was conducted in 2005, contains information on nearly 5000 households. We find that while...
Persistent link: https://www.econbiz.de/10012771605
The Czech Republic had experienced a credit boom similar to those in other converging economies in the pre-crisis years …. Nevertheless, the consequences of this credit boom were limited as was the impact of the global crisis on domestic financial … tame credit booms in small converging economies, a concerted set of microprudential and macroprudential measures, including …
Persistent link: https://www.econbiz.de/10012975816
saving, and total saving during 1960 to 1990. The paper extends the scope of the empirical investigation of the determinants …
Persistent link: https://www.econbiz.de/10012959137
Changing population age structures are shaping the trajectories of development in many countries, bringing opportunities and challenges. While aging has been a matter of concern for upper-middle and high-income economies, rapid population growth is set to continue in the poorest countries over...
Persistent link: https://www.econbiz.de/10012968199
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, leads to three channels through which domestic saving may promote …
Persistent link: https://www.econbiz.de/10012971285
borrowing or remittances, significantly impact saving rates. The macroeconomic and microeconomic analyses of the determinants of … saving rates in Armenia point to three policy areas: the macroeconomic environment, the financial sector, and the role of …
Persistent link: https://www.econbiz.de/10012974165
free. It took an increasing effort of resource mobilization in the country, with a rise in national saving from 15 percent … of gross domestic product in the mid-1970s to 25 percent in 2010. This rise in national saving was fundamentally fueled … and sustained by the private sector. In the future, however, the private saving rate is likely to decline because the …
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 … feasible at current rates of national saving and would require a saving effort that is highly unrealistic. For instance …
Persistent link: https://www.econbiz.de/10012976208
, saving rates could increase and not necessarily fall as a consequence of aging in Brazil -- thus contradicting conventional … further crowding out private saving -- thus balancing capital accumulation with intergenerational income distribution. In … conclusion, Brazil will not necessarily experience a fall in saving and growth, but if government policies are appropriately …
Persistent link: https://www.econbiz.de/10012976226
The author evaluates the effectiveness of policy measures adopted by Chile and Colombia, aiming to mitigate the deleterious effects of pro-cyclical capital flows. In the case of Chile, according to his Generalized Method of Moments (GMM) analysis, capital controls succeeded in reducing net...
Persistent link: https://www.econbiz.de/10012747799