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investment, while money supply and domestic savings have positive relationship with private sector investment consistent with the … exogenous shock, 55 percent of the disequilibrium is corrected after one quarter. -- central bank rate ; gross domestic savings …
Persistent link: https://www.econbiz.de/10010009115
Like many developing countries, Togo is facing a deficit of financial resources that leads to a dependence on international financial institutions. A better mobilization of internal resources could allow this country to reduce its deficit of resources and better control its process of economic...
Persistent link: https://www.econbiz.de/10010097683
Persistent link: https://www.econbiz.de/10008276149
The study seeks to examine stock market wealth effects on private non-durable consumption for Zimbabwean households using quarterly data from 1994(1) to 2008(2). The bounds testing approach to cointegration is employed to test the long run relationship between stock market wealth and...
Persistent link: https://www.econbiz.de/10009958072
This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent’s utility depends on both current consumption and a reference consumption level determined by economy-wide average past consumption. Although utility may be lower in...
Persistent link: https://www.econbiz.de/10009959110
The aim of this paper is to analyze the cause and effect relationship between economic growth and savings in advanced … the existence of one-way casual relationship between gross domestic savings and gross domestic product in the case of … relationship between gross domestic product and gross domestic savings both in developed economies and developing and transition …
Persistent link: https://www.econbiz.de/10009959715
Management services. -- wealth management ; behavioral finance ; heuristics ; prospect theory ; bounded rationality …
Persistent link: https://www.econbiz.de/10009959729
Einkommenszuwächse sind also vor allem den Bevölkerungsteilen zugute gekommen, die besonders viel sparen. Hätten sich Lohn- und …
Persistent link: https://www.econbiz.de/10010079408
term. At the same time, the savings rate in Germany is one of the highest by international standards. As evidenced by the … enormous current account surpluses of up to seven percent in 2012, most of the savings went abroad, however, rather than being …
Persistent link: https://www.econbiz.de/10010148270
Persistent link: https://www.econbiz.de/10008376314