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This paper surveys the existing literature on the determinants of household savings and credit in developing countries …
Persistent link: https://www.econbiz.de/10005636085
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 countries like the former Soviet Union, where wealth is mainly stored in monetary assets, the behavior of the money-income ratio is a poor indicator of the growth of undesired monetary balances (monetary overhang). In those countries a monetary overhang is primarily a wealth overhang, which...
Persistent link: https://www.econbiz.de/10008915694
This study examines the saving behavior of 18 Latin American countries in the 1976-2000 period compared to a group of 25 other middle-income developing countries. Over this period, Latin American saving rates have been consistently below the comparison group, despite extensive economic reforms...
Persistent link: https://www.econbiz.de/10005731452
This paper uses structural vector autoregressions (SVAR) to characterize the dynamic impact of fiscal policy on national saving. SVAR´s have extensively been used to characterize the impact of monetary policy on the economy but have not been applied as much to analyzing fiscal policy. This...
Persistent link: https://www.econbiz.de/10010823239
Persistent link: https://www.econbiz.de/10005820210
economies. However, there has been a lack of empirical study of this kind on China and other developing countries. This paper … attempts to fill this gap by answering how and to what extent oil-price shocks impact China’s economy, emphasizing on the price … differentiated price control policies for materials and intermediates on the one hand and final products on the other hand in China …
Persistent link: https://www.econbiz.de/10005835871
worked in product and labour markets in China’s economic reform in practice. …
Persistent link: https://www.econbiz.de/10005504255
This study analyses the level and geographic dimension of China's market integration. The objective is to provide a … broad characterization of China's market integration by performing a variety of empirical tests and providing comparisons to … is first analysed by comparing city-level prices with China's national average price level and then by dividing China …
Persistent link: https://www.econbiz.de/10005648612
High and rising prices in Chinese housing markets have attracted global attention. Price-to-rent ratios in Beijing and seven other large markets across the country have increased by 30% to 70% since the beginning of 2007. Current price-to-rent ratios imply very low user costs of no more than...
Persistent link: https://www.econbiz.de/10010577540