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The objective of this paper is to discuss the short- and long-run relationships between national savings and its … rate, Inflation rate and fiscal determinants are budget deficit, government expenditures, government savings and government … revenue (taxation) of national savings. The bounds testing approach to integrated cointegration is used, which is applicable …
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for the future (global savings glut). Low growth is linked to slowing population growth and a declining marginal … permanently. Furthermore, we find no empirical evidence for the global savings glut and secular stagnation hypotheses. Instead …
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for the future (global savings glut). Low growth is linked to slowing population growth and a declining marginal … permanently. Furthermore, we find no empirical evidence for the global savings glut and secular stagnation hypotheses. Instead …
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