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We investigate, in the case of Germany, the positive correlation between the cyclical components of the corporate saving glut in the non-financial corporate sector and the current account surplus from a capital account perspective. Employing sign restrictions, our findings suggest that mostly...
Persistent link: https://www.econbiz.de/10012607560
We investigate, in the case of Germany, the positive correlation between the cyclical components of the corporate saving glut in the non-financial corporate sector and the current account surplus from a capital account perspective. Employing sign restrictions, our findings suggest that mostly...
Persistent link: https://www.econbiz.de/10013210659
Persistent link: https://www.econbiz.de/10012699615
We investigate for the case of Germany the positive correlation between the corporate saving glut in the non-financial corporate sector and the current account surplus from a capital account perspective. By employing sign restrictions our findings suggest that mostly labor market, world demand...
Persistent link: https://www.econbiz.de/10011999017
We investigate for Germany the positive correlation between the corporate savings glut in the non-financial corporate … corporate savings and the current account surplus. Private savings shocks, in contrast, cannot explain the correlation. We … conclude that a corporate savings glut is a main driver of the current account surplus. …
Persistent link: https://www.econbiz.de/10012265888
We investigate for Germany the positive correlation between the corporate savings glut in the non-financial corporate … corporate savings and the current account surplus. Private savings shocks, in contrast, cannot explain the correlation. We … conclude that a corporate savings glut is a main driver of the current account surplus. …
Persistent link: https://www.econbiz.de/10011962358
Persistent link: https://www.econbiz.de/10003150057
How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide … evidence that this is not due to a crowding-out of other forms of savings. We also show that labor earnings, i.e. the most …
Persistent link: https://www.econbiz.de/10011782119
Persistent link: https://www.econbiz.de/10003129659