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Price Liberalization in Russia : Behavior of Prices, Household Incomes, and Consumption During the First Year

Phillips, Steven - 1993

. This paper documents and analyzes the behavior of prices, income, consumption, and savings before and after the January …

Persistent link: https://www.econbiz.de/10014405694

Financing of Global Imbalances

Punzi, Maria Teresa - 2007

This paper analyzes the determinants of bond flows, now the dominant source of capital inflows, into the United States, as a means of establishing conditions affecting the financing of the U.S. current account deficit. To test the hypothesis that capital flows have become more responsive to...

Persistent link: https://www.econbiz.de/10014401259

A Real Model of Transitional Growth and Competitiveness in China

Lipschitz, Leslie - 2008

increases in employment and output rather than only in wages; and (2) even though the domestic saving rate is high, foreign …

Persistent link: https://www.econbiz.de/10014401525

Why Are Saving Rates of Urban Households in China Rising?

Chamon, Marcos - 2008

over time indicates virtually no consumption smoothing over the life cycle. Saving rates have increased across all …From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to 1⁄4 of disposable … income. We use household-level data to explain the postponing of consumption despite rapid income growth. Tracing cohorts …

Persistent link: https://www.econbiz.de/10014401821

Effects of Macroeconomic Stabilityon Growth, Savings, and Investment in Sub-Saharan Africa : An Empirical Investigation

Ghura, Dhaneshwar - 1994

The analysis of this paper indicates that the unsatisfactory overall economic performance of sub-Saharan African countries during 1986–93 was due to inappropriate policies pursued by a number of countries. The countries that have pursued broadly appropriate adjustment policies have performed...

Persistent link: https://www.econbiz.de/10014398031

The Feldstein-Horioka Test of International Capital Mobility : Is it Feasible?

Jansen, W. J. - 1996

Feldstein and Horioka (1980) argued that the correlation of saving and investment in a cross-section of countries may … as a reliable basis for such a test. The intertemporal budget constraint implies that each country’s saving and …

Persistent link: https://www.econbiz.de/10014398034

The Role of National Saving in the World Economy : Recent Trends and Prospects

International Monetary Fund - 1990

This paper reviews and analyzes broad developments and considers specific policy measures to foster saving. The chapter … also describes trends in national saving rates of industrial countries in recent years and briefly discusses the prospects … over the medium term. The paper also discusses the effects of policy measures on national saving and investment. Fiscal …

Persistent link: https://www.econbiz.de/10014399313

Precautionary Savings and Global Imbalances in World General Equilibrium

Sandri, Damiano - 2011

In this paper we assess the implications of precautionary savings for global imbalances by considering a world economy model composed by the US, the Euro Area, Japan, China, oil-exporting countries, and the rest of the world. These areas are assumed to differ only with respect to GDP volatility...

Persistent link: https://www.econbiz.de/10014399356

Implications of Oil Inflows for Savings and Reserve Management in the Cemac

International Monetary Fund - 2007

This paper argues that as part of their fiscal optimization strategies CEMAC countries should be given the opportunity to invest into longer-term assets that generate market-based returns. The BEAC has created a framework of longer-term savings funds but due to low remuneration and other factors...

Persistent link: https://www.econbiz.de/10014399526

Life-Cycles, Dynasties, Savings : Implications for Closed and Small, Open Economies

Faruqee, Hamid - 2000

This paper examines the macroeconomic implications of life-cycle and dynastic saving behavior for closed and small …

Persistent link: https://www.econbiz.de/10014399666