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Vor dem Hintergrund der bisherigen theoretischen und empirischen Studien untersucht diese Arbeit vornehmlich die kausale Beziehung zwischen ausländischen Direktinvestitionen (DI) und Wirtschaftswachstum in 6 lateinamerikanischen Ländern.Die wachsenden Zuflüsse ausländischer...
Persistent link: https://www.econbiz.de/10009476170
Persistent link: https://www.econbiz.de/10009476211
A major hindrance to the achievement of steady economic growth is widespread informal employment, also known as the informal sector. The informal sector is a complex phenomenon which is pervasive in developing regions of the world such as sub-Saharan Africa, south Asia, and Latin America. It was...
Persistent link: https://www.econbiz.de/10009465131
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
This paper examines the impact of declines in adult mortality on growth in an overlapping generations model. With public education and imperfect annuity markets, a decline in mortality affects growth through three channels. First, it raises the saving rate and thereby increases the rate of...
Persistent link: https://www.econbiz.de/10009447922
considered three adverseimpacts of population growth on savings and capital formation........ …
Persistent link: https://www.econbiz.de/10009475530
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
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