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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
This dissertation contains a series of essays that provide empirical evidence for Australia on some fundamental predictions of real business cycle models and on the convergence and persistence of real interest rates. Chapter 1 provides a brief introduction to the issues examined in each chapter...
Persistent link: https://www.econbiz.de/10009484248
En este trabajo se obtiene una estimación de las expectativas de inflación para varios países de América Latina utilizando un modelo afín, que incluye como factores la inflación observada y los parámetros generados a partir de las curvas de rendimientos cupón cero sobre bonos soberanos...
Persistent link: https://www.econbiz.de/10012532144
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