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Consumption & Savings Behavior in Pakistan
Shaikh, Salman - Volkswirtschaftliche Fakultät, … - 2012
Like many other countries, aggregate consumption constitutes a major portion of Gross Domestic Product (GDP) in … Pakistan. Consumption decisions determine savings decisions. In long term growth literature, differences in long term growth … consumption models in the literature for their empirical verification taking macro level data for Pakistan economy. These include …
Persistent link: https://www.econbiz.de/10011258849
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Income distribution and current account imbalances
Behringer, Jan; Theobald, Thomas; Treeck, Till van - 2013
-looking status comparisons following the relative income hypothesis of consumption. The strength of consumption emulation depends on …
Persistent link: https://www.econbiz.de/10010201629
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Income distribution and current account : a sectoral perspective
Behringer, Jan; Treeck, Till van - 2013
income. This finding is consistent with consumption externalities resulting from upward-looking status comparisons. Secondly …
Persistent link: https://www.econbiz.de/10010201632
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A World Macro Saving Fact and an Explanation
Fair, Ray C. - 2011
The world macro saving fact concerns the total financial saving of the world's private sector divided by world GDP. Relative to changes before 1994, there was a huge fall in this ratio between 1995 and 2000, a huge increase between 2000 and 2003, a huge fall between 2003 and 2006, and a huge...
Persistent link: https://www.econbiz.de/10013131890
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Demographics, Pension Systems and the Saving-Investment Balance
Chai, Hua - 2019
This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic...
Persistent link: https://www.econbiz.de/10012895118
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Labor Market Reforms, Precautionary Savings, and Global Imbalances
Hochmuth, Brigitte - 2019
build a two-region RBC model with labor market frictions, idiosyncratic consumption risk, and limited cross …
Persistent link: https://www.econbiz.de/10012869996
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Wealth Effects on World Private Financial Saving
Fair, Ray C. - 2014
This paper shows that about 70 percent of the variance of the yearly change in the world private financial saving rate can be explained by lagged changes in world stock and housing prices for the sample period 1982-2013. The results suggest that increased fluctuations in asset prices since 1995...
Persistent link: https://www.econbiz.de/10013040039
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Savers, Spenders and Fiscal Policy in a Small Open Economy
Matsen, Egil - 2013
(2000) to a small open economy with endogenous labor supply. We first show how the Dornbusch (1983) consumption-based real …
Persistent link: https://www.econbiz.de/10012754432
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Labor market reforms, precautionary savings, and global imbalances
Hochmuth, Brigitte; Moyen, Stephane; Stähler, Nikolai - 2019
build a two-region RBC model with labor market frictions, idiosyncratic consumption risk, and limited cross …
Persistent link: https://www.econbiz.de/10011995060
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Incomplete insurance and open-economy spillovers of labor market reforms
Hochmuth, Brigitte; Merkl, Christian; Stüber, Heiko - 2024
-run consumption spillovers to non-reforming countries under incomplete consumption insurance. While lower benefits reduce unemployment …-provided insurance. A portion of these additional savings flows to the non-reforming country and depresses long-term consumption due to …
Persistent link: https://www.econbiz.de/10014548451