Showing 1 - 10 of 10,339
Persistent link: https://www.econbiz.de/10001427066
The temporal interdependence between saving and output has been in focus in a number of recent empirical studies …. Results from these studies have compelled some authors to question the traditional notion of a causal chain where saving leads …. Saving and GDP are estimated in bivariate vector autoregressive or vector error-correction models for Sweden, UK, and USA …
Persistent link: https://www.econbiz.de/10011587110
story. The drop of the US saving rate has played a significant role in the onset of imbalances in the United States and the … attracting the external savings that help finance the American investment and its current account. The excess of global savings … is also a factor to be taken into account since it supports capital flows to the United States and investment in this …
Persistent link: https://www.econbiz.de/10010849641
The article examines to what extent the recovery of the global economy could gain support from a more balanced growth of global demand than in the past. Despite the gradual recovery of the global economy, it remains highly uncertain when – or even whether – growth can return to the often...
Persistent link: https://www.econbiz.de/10009367072
regimes depending on the values of the parameters in the investment, saving and distribution function. Estimating these core …
Persistent link: https://www.econbiz.de/10009549819
document the long-run bivariate relationship between the time series of investment and saving. Third, I also examine the short …-run as well as the cyclical relationships between the time series of investment and saving. The results reported in this … paper indicate that there is a strong long run and cyclical relationship between investment and saving, and this …
Persistent link: https://www.econbiz.de/10014087784
In the present paper an empirical analysis will point out that government debt as a percentage of GDP has a negative impact (among others) on banking profitability. This impact will be even worse when this debt as a percentage of GDP exceeds a certain critical level. The sample covers during the...
Persistent link: https://www.econbiz.de/10013118499
The 'saving for a rainy day' hypothesis implies that households' saving decisions reflect that they can (rationally … the period 1980q1-2011q4. That is, income is more often found to predict consumption and saving than the converse. Our … modus operandi is to investigate the 'saving for a rainy day' hypothesis by testing (weak) exogeneity of income and …
Persistent link: https://www.econbiz.de/10010518800
The `saving for a rainy day' hypothesis implies that households' saving decisions reflect that they can (rationally … the period 1980q1-2011q4. That is, income is more often found to predict consumption and saving than the converse. Our … modus operandi is to investigate the `saving for a rainy day' hypothesis by testing (weak) exogeneity of income and …
Persistent link: https://www.econbiz.de/10010530531
In dem Aufsatz wird der Zusammenhang zwischen funktionaler Einkommensverteilung und Wirtschaftswachstum in Österreich, Frankreich, Deutschland, den Niederlanden, Großbritannien und den USA für den Zeitraum von 1960 bis 2005 untersucht. In Anlehnung an Bhaduri/Marglin (1990) legt die Analyse...
Persistent link: https://www.econbiz.de/10003744536