The aggregate saving indicator does not directly reflect changes in individuals' microeconomic behavior. From the …) choose to save, because the aggregate saving statistical indicator is a residual concept defined as the ensuing difference … the aggregate saving rate, productivity growth and lending. Meanwhile, a genuine increase in the average individual …

The aggregate saving indicator does not directly reflect changes in individuals’ microeconomic behavior. From the … investment) choose to save, because the aggregate saving statistical indicator is a residual concept defined as the ensuing … fluctuations in the aggregate saving rate, productivity growth and lending. Meanwhile, a genuine increase in the average individual …

The aggregate saving indicator does not directly reflect changes in individuals' microeconomic behavior. From the …) choose to save, because the aggregate saving statistical indicator is a residual concept defined as the ensuing difference … the aggregate saving rate, productivity growth and lending. Meanwhile, a genuine increase in the average individual …

financing. In several transition countries credit has similar maturity structure to that in Western Europe, while in other … transition countries credit remains mostly short-term. Several factors explain these differences: the political and institutional … of credit information sharing institutions. In contrast, the share of foreign owned banks and banking sector competition …

small business investment. We focus on new credit mechanisms and devices that help households manage cash flows, save, and …

, it is found that flow of credit to the private sector is very low in this region of the world. Thus, one of the important …