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Delving into the secular stagnation hypothesis : a firm-level analysis of the private sector’s excess savings in advanced economies
Artica, Rodrigo Pérez; Brufman, Leandro; Martínez, … - In: Comparative economic studies 59 (2017) 1, pp. 77-106
Persistent link: https://www.econbiz.de/10011785193
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What are the Causes of the Growing Trend of Excess Savings of the Corporate Sector in Developed Countries? An Empirical Analysis of Three Hypotheses
Brufman, Leandro - 2017
This paper analyzes annual accounting data for a sample of 5,000 publicly traded manufacturing firms from Germany, France, Italy, Japan, and the United Kingdom. The analysis uses data from 1997 to 2011 and finds an increasing trend of excess savings (defined as the difference between gross...
Persistent link: https://www.econbiz.de/10012974091
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What Are the Causes of the Growing Trend of Excess Savings of the Corporate Sector in Developed Countries? An Empirical Analysis of Three Hypotheses
Brufman, Leandro; Martinez, Lisana; P??rez Artica, Rodrigo - 2013
This paper analyzes annual accounting data for a sample of 5,000 publicly traded manufacturing firms from Germany, France, Italy, Japan, and the United Kingdom. The analysis uses data from 1997 to 2011 and finds an increasing trend of excess savings (defined as the difference between gross...
Persistent link: https://www.econbiz.de/10012560174