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about the potential importance of domestic savings, for which understanding its determinants is crucial. This paper fills … that gap by identifying the robust determinants of domestic savings in Cameroon. We employ the autoregressive distributed … lag model on annual data over the period from 1980 to 2018 to ascertain the robust determinants of two savings aggregates …
Persistent link: https://www.econbiz.de/10014574141
This paper examines trends and determinants of gross domestic savings in Tanzania using data for the period 1990 …. There has been a fairly stable increase in the domestic savings as a ratio of gross domestic product, though with … savings. On the other hand, terms of trade deter private savings. With regard to gross domestic savings, the results show that …
Persistent link: https://www.econbiz.de/10013473176
In this paper, I find (1) that Japan showed massive and persistent current account surpluses from at least 1981 and until at least 2011, (2) that Professor Ronald McKinnon was correct, at least in the case of Japan, and that these large and persistent current account surpluses were due primarily...
Persistent link: https://www.econbiz.de/10011311745
Savings and investments by individuals are important both for personal financial well-being and for economic growth …
Persistent link: https://www.econbiz.de/10009684028
During the Polish economy transformation process a lot of reforms have been implemented, including those connected with pension system. But future pensioners should not, unfortunately, trust in high rate of future pensions received from pensioner system, much earlier, individually should take...
Persistent link: https://www.econbiz.de/10013118081
During the Polish economy transformation process a lot of reforms have been implemented, including those connected with pension system. Th e pension system was based on two obligatory pillars. So-called the second pillar of pension security was supposed to guarantee future humane pension (at an...
Persistent link: https://www.econbiz.de/10013118292
other recessions, which is consistent with both shutdowns and precautionary savings. Delinquency rates fell, unlike in other …
Persistent link: https://www.econbiz.de/10014236482
Illinois. In principle, households should respond to this heavy future burden by increasing current savings, particularly in …, I also find that households respond consistently when states reduce pension deficits; they shift savings from deposits …
Persistent link: https://www.econbiz.de/10013213001
This paper investigates individuals' investment behaviour in their retirement savings surrounding milestone birthday … to make investment changes. We utilise a large Australia retirement savings fund which provides the history of investment …
Persistent link: https://www.econbiz.de/10012949647
We show individuals investments chase stock index returns and are financed by foregoing consumption, even after controlling for individual-account level portfolio income effects and other high dimensional fixed effects. This effect only exists for positive stock index returns with no effects for...
Persistent link: https://www.econbiz.de/10012848414