Nigeria is a prime example of a developing country with ill-defined property rights. However, people still manage to …

-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in … times. We show that the rise in the aggregate savings ratio is driven by increases in uncertainty, rather than tightening of …

of full deferral of income taxes on savings and full taxation of interest. Potential mobility of the old calls for lower … degrees of deferral and reduced taxation of interest. However, full immediate taxation of savings in combination with full tax …

This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin …