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The saving rate in Japan has declined rapidly. Analyzing the possible four factors that could affect the saving rate in general, compared with theoretical implications, the data suggest that all elements might have a negative impact on the saving rate during the late 90s and early 00s. Such a...
Persistent link: https://www.econbiz.de/10009363835
Savings and growth are often strongly correlated. Thus, it is important to study the determinants of savings and the … direction of causality between savings and growth as these have important implications for development policy. Yet, careful … empirical studies on savings behavior are missing for Bangladesh. Thus, in this paper, we estimate the long-run total and …
Persistent link: https://www.econbiz.de/10011213063
Two scenarios dominate the discussion about the future of eastern Europe. In the first, the combination of good fundamentals and proximity to the EU generates ASEAN-stype tigers rapidly catching up to western Europe. In the second , the combination of ininherited burdens and populist policies...
Persistent link: https://www.econbiz.de/10005061781
development, need for precautionary savings, and/or strong cultural valuation of gold itself. This paper uses panel data on gold …
Persistent link: https://www.econbiz.de/10005162573
This paper surveys the existing literature on the determinants of household savings and credit in developing countries …
Persistent link: https://www.econbiz.de/10005636085
Given the limited capital flows to developing countries in South Asia, domestic savings is the primary source of … investment and growth. Financial sector development and access to financial institutions are important determinants of savings … ratios in developing countries. In this context, we empirically examine the role of financial development on savings ratios …
Persistent link: https://www.econbiz.de/10011048951
The intention of this study was to investigate whether the causal inference between savings and economic growth in … quarterly data from 1991:Q1 to 2006:Q3. The results suggested that the causal relationship between savings and economic growth … inconsistency causality result of savings and economic growth. Ultimately, causality test does not matter to savings-growth nexus …
Persistent link: https://www.econbiz.de/10011114503
This paper surveys the existing literature on the determinants of household savings and credit in developing countries …
Persistent link: https://www.econbiz.de/10005556083
In an overlapping generations model, rents to human capital play a key role in increasing savings. In the absence of … because it allows inframarginal workers to earn rents on their human capital, which then increase savings. Public education is …
Persistent link: https://www.econbiz.de/10005662008
sets of constraints that may hinder the adoption and effective usage of savings products and services by the poor …. We discuss each in theory, and then summarize related empirical evidence, with a focus on recent field experiments. We …
Persistent link: https://www.econbiz.de/10010908065