. In countries like Bolivia, the public sector role is still very important, so it is impossible to analyze private savings …For many years, Bolivian domestic savings has been very low when compared to similar countries. This paper utilizes an … without the public savings analysis. The results of the analysis indicate that the public saving function has only a power …

This paper analyzes whether China's investment and savings rates are too high by considering the rate of return to … investment and other factors. It also investigates the reasons for the rapid increase in the savings rate by using various …

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 current consumption, the model determines an optimal investment in literacy. The …