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Why should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests … Savings Count -- 4 More and Better Saving for Productive Investment 5 Saving for Stability.-6 Running Out of Time: The …
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remittances to savings. On average, an increase in inward remittances by 1% leads to about 0.10% increase in savings ceteris … case. Quite outstanding here is the observation of the detrimental role of remittances on savings in the long-run once … direct investment (FDI), and foreign aid were found to be important moderators of the remittances-savings linkage. For the …
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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
Using micro data on expenditure and income for 17 Latin American and Caribbean (LAC) countries, this paper presents stylized facts on saving behavior by age, education, income and place of residence. Counterfactual saving rates are computed by imposing the saving behavior, the population...
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systematically higher domestic savings than other countries in the region. Using the wealth of relevant databases available for the … country, the paper finds that a possible explanation is that household savings account for a majority of domestic savings, and … that the main instrument used for savings is durable goods, which implies that savings are not directly injected into the …
Persistent link: https://www.econbiz.de/10011485820