Showing 1 - 10 of 7,232
Persistent link: https://www.econbiz.de/10012817890
The aggregate saving indicator does not directly reflect changes in individuals' microeconomic behavior. From the official statistics' point of view, households choosebetween spending, which generates additional income and consumption in the economy, and setting money aside, which does not....
Persistent link: https://www.econbiz.de/10011751875
The aggregate saving indicator does not directly reflect changes in individuals’ microeconomic behavior. From the official statistics’ point of view, households choose between spending, which generates additional income and consumption in the economy, and setting money aside, which does not....
Persistent link: https://www.econbiz.de/10011806421
The paper investigates by means of cointegration analysis whether the recently observed low levels of private saving and the current account balance in the United States are worrisome in the sense that they cannot be sufficiently explained by determinants which performed well in the past. Stock...
Persistent link: https://www.econbiz.de/10011475984
Persistent link: https://www.econbiz.de/10001439830
Persistent link: https://www.econbiz.de/10011418072
Persistent link: https://www.econbiz.de/10009548943
adjustment dynamics in line with the historical facts on savings and economic growth in Europe from the High Middle Ages to today …. Along a virtuous cycle of development more wealth leads to more patience, which leads to more savings and even higher wealth …. Savings rates and income growth rates are thus jointly increasing during the process of development until they converge …
Persistent link: https://www.econbiz.de/10003877571
Persistent link: https://www.econbiz.de/10000908066
Persistent link: https://www.econbiz.de/10000909747