Showing 1 - 10 of 2,106
within the Sub-Saharan African (SSA) economies. With a re-specified inter-temporal consumption framework, the savings … and techniques were employed. The long-run correlation of savings and investments were investigated with the use of robust … economies are significantly and substantially financed by global savings. This implies that global integration has increased in …
Persistent link: https://www.econbiz.de/10012019985
emerging markets, their precautionary savings can generate substantial "global imbalances", especially if there is an … at a global level (though the required real interest may be negative). While a precautionary savings glut appears to be a …
Persistent link: https://www.econbiz.de/10003775798
higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of … marriage and with lower savings rates in the presence of diseconomies of marriage. In the context of traditional gender roles … traditional gender roles and marital status to understanding cross-country variation in gender differentials in savings behavior …
Persistent link: https://www.econbiz.de/10003997600
stance, global real interest rates, distorted incentives in credit markets, and financial innovation created the mix of … ; savings glut ; monetary policy ; policy coordination …
Persistent link: https://www.econbiz.de/10003934687
The aim of this paper is to analyze the cause and effect relationship between economic growth and savings in advanced … the existence of one-way casual relationship between gross domestic savings and gross domestic product in the case of … relationship between gross domestic product and gross domestic savings both in developed economies and developing and transition …
Persistent link: https://www.econbiz.de/10009313678
The existing literature exhibits high uncertainty over the theoretical and empirical determinants of private world saving. This paper reports new evidence on the drivers of private saving by applying Bayesian techniques, using data from the world's 35 largest economies in the period 1980-2012....
Persistent link: https://www.econbiz.de/10012928648
Savings problem has become a crucial issue since it is one of the reasons of today's frequently … savings, overcoming inequality should be held as a prior economic and social policy. In this study, the relationship between … aggregate domestic savings as a ratio of GDP and GINI coefficient as an indicator of income inequality are tested under “Second …
Persistent link: https://www.econbiz.de/10012896923
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
This paper presents new evidence on the behavior of saving in the world, by extending previous empirical research in five dimensions. First, it is based on a very large and recent database, covering 165 countries from 1981 to 2012. Second, it conducts a robustness analysis across different...
Persistent link: https://www.econbiz.de/10013040407
We solve for optimal consumption and portfolio choice in a life-cycle model with short-sales and borrowing constraints, undiversifiable labor income risk and a predictable, time-varying, equity premium and show that the investor pursues aggressive market timing strategies. Importantly, in the...
Persistent link: https://www.econbiz.de/10013028260