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bequests, lowers investment, and thereby lowers the rate of physical capital accumulation. Third, it may lead the median voter …
Persistent link: https://www.econbiz.de/10009447922
Unlike the prediction of a frictionless open economy model, long-term average savings and investment rates are highly … that the calibrated model with both frictions produces a savings–investment correlation and a volume of capital flows close …
Persistent link: https://www.econbiz.de/10009476626
This paper considers savings, investment and economic growth for India using annual time series data for the period …-Weil hypothesis; the study also finds that saving unambiguously determines investment in both the short and long runs. No evidence is … found to support the commonly accepted growth models in India, that investment is the engine of economic growth. …
Persistent link: https://www.econbiz.de/10009457634
taxation on labor supply and savings; corrective taxes for externalities; taxation and corporate behavior; and tax expenditure …
Persistent link: https://www.econbiz.de/10009432090
the determinants of telecommunications investments and presents two possible solutions to the investment problem. The …
Persistent link: https://www.econbiz.de/10009451158
With states facing tightening Medicaid budgets, the high cost of financing long-term care for the elderly through Medicaid has prompted proposals to make private long-term care insurance (LTCI) more affordable through tax incentives. The effectiveness of tax incentives for stimulating LTCI...
Persistent link: https://www.econbiz.de/10009439040
considered three adverseimpacts of population growth on savings and capital formation........ …
Persistent link: https://www.econbiz.de/10009475530
changes in household savings are negatively related to exogenous income shocks, with this relationship strongest for low … wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households … both reduce their consumption and increase their savings in response to an exogenous decline in income. …
Persistent link: https://www.econbiz.de/10009477527
(1990). This particular feature enables us to isolate the effect of risk aversion on precautionary savings. Furthermore, I … intertemporal distortions on precautionary savings in finite and infinite horizon models of a small open economy. The effects of … of shocks on precautionary savings and verify that these are qualitatively identical to the ones observed with CES …
Persistent link: https://www.econbiz.de/10009450605
-period dynamic model that under certain conditions nonbank intermediation increases an economy's savings mobilization and contributes … to banks in financial intermediation, increased the savings mobilization, and in the end contributed to the economic …
Persistent link: https://www.econbiz.de/10009451225