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In this paper we analyse the importance of precautionary saving in Italy. In contrast to previous studies, we focus on two contemporaneous sources of uncertainty, income and health expenditures, to explain the presence of precautionary saving. The major changes occurred in public health care...
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With a steep fall in the national savings rate in developing economies attributed to external shocks and stagnation of … economic growth, this study will investigate the key drivers that explain variations in the public savings rate in Kenya using … of savings in industrialized economies while ignoring low-income countries. To estimate the main determinants of national …
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