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, the composition of national savings, and the determinants of the evolution of household saving rates. During 2000 …. Corporate savings have surged across Asia during this period, becoming the main component of gross national savings in the … region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving …
Persistent link: https://www.econbiz.de/10003879333
possible shifts in global savings and investment that have led to this fall in the world real interest rate. There are several … increase in desired global savings to explain the decline in global interest rates. Second, the results indicate that the key … factors explaining movements in savings and investment are variables that evolve relatively slowly over time, such as labour …
Persistent link: https://www.econbiz.de/10003463047
We present an intertemporal consumption model of consumer investment in financial literacy. Consumers benefit from such investment because their stock of financial literacy allows them to increase the returns on their wealth. Since literacy depreciates over time and has a cost in terms of...
Persistent link: https://www.econbiz.de/10008856384
In this paper, it is argued that the observed high positive correlation between national savings and investment which … of the Feldstein-Horioka puzzle. -- Savings Investment Correlations ; Monetary Policy Shocks ; Feldstein-Horioka Puzzle …
Persistent link: https://www.econbiz.de/10003387394
There is a consensus among the majority of economists that the credit supply is limited by current household saving. If governments or foreigners ran deficits, they would absorb this limited saving so that firms could not borrow any longer and had to reduce their investment. This is the...
Persistent link: https://www.econbiz.de/10011300962
Using panel co-integration techniques and a comprehensive dataset covering the period 1980-2013, this paper finds a positive and significant correlation between national saving and domestic investment rates in Latin America and the Caribbean (LAC). The estimated correlation is approximately 0.39;...
Persistent link: https://www.econbiz.de/10011339421
The emphasis in post-Keynesian macroeconomics on wage- versus profit- led growth may not have been helpful. The profit share is not an exogenous variable, and the correlations between the pro.t share and economic growth can be positive for some exogenous shocks but negative for others. The...
Persistent link: https://www.econbiz.de/10011522218
Swarnajayanti Gram Swarozgar Yojana (SGSY) is a government-sponsored microfinance program. The scheme is based on four features: group lending with joint liability, progressive lending, back-ended subsidy, and social capital. We propose a new model of SGSY having these features: group lending...
Persistent link: https://www.econbiz.de/10010489777
Persistent link: https://www.econbiz.de/10008748287
In this paper we test for the existence of a long-run savings-investments relationship in 18 OECD economies over the … period 1970-2007. Although individual modelling provides only very weak support to the hypothesis of a link between savings … long-run savings-investments relationship in about half of the OECD economies examined. The elasticities are however often …
Persistent link: https://www.econbiz.de/10013129182