Similar Search Results

Diminshed Returns? The Role of Savings and Investment Rates in East Asia's Miracle.

Robertson, P.E. - School of Economics, UNSW Business School - 1998

The causes of growth in East Asia remain controversial despite substantial empirical research. In this paper I adopt … the neoclassical growth model as the maintained hypothesis, and decompose growth into the exogenous variables of the … neoclassical model. It is shown that the role of increased savings rates (or net investment rates) in the East Asian economies has …

Persistent link: https://www.econbiz.de/10005035780

THE THRIFT CRISIS IN THE U.S. AND LESSONS FOR AUSTRALIA.

HERENDEEN, J.B. - Department of Economics, Pennsylvania State University - 1990

Persistent link: https://www.econbiz.de/10005035789

The Purpose of Remittances – Evidence from Germany

Bauer, Thomas K.; Sinning, Mathias G. - Rheinisch-Westfälisches Institut für … - 2009

paid to migrants’ savings and transfers to family members in the home country. Our findings indicate that migrants who …

Persistent link: https://www.econbiz.de/10005036045

Foreign direct investment and the external balance in a transition economy: the application of life cycle theory

Mandel, Martin; Tomšík, Vladimír - In: Politická ekonomie 2006 (2006) 6, pp. 723-741

The article analyses a development of the external balance in five Central and Eastern European countries: the Czech Republic, Hungary, Poland, the Slovak Republic, and Slovenia. The main idea of the article is to apply, expand, and empirically verify the ideas of life cycle theory in the area...

Persistent link: https://www.econbiz.de/10005036655

Le système de retraite américain: entre fragmentation et logique financière

Béland, Daniel - Department of Economics, McMaster University - 2007

decline of defined-benefit schemes and the multiplication of tax-sponsored personal savings accounts in the private sector …

Persistent link: https://www.econbiz.de/10005181077

Refexive Planning for Later Life: A Conceptual Model and Evidence from Canada

Denton, Margaret A.; French, Susan; Gafni, Amiram; … - Department of Economics, McMaster University - 2001

retirement, savings, and consumption patterns in later life. Moreover, the model may be used to structure research questions, to …

Persistent link: https://www.econbiz.de/10005181120

The Crisis of Germany's Pension Insurance system and How it Can be Resolved

Sinn, Hans-Werner - CESifo - 1999

crisis. The paper recommends obligatory priv ate savings at a variable rate where the time path of the savings rate is chosen …

Persistent link: https://www.econbiz.de/10005181352

The Savings-Inflation Puzzle

Heer, Burkhard; Süssmuth, Bernd - CESifo - 2006

We find that inflation did not unanimously decrease savings in the US during the postwar period. This result is …

Persistent link: https://www.econbiz.de/10005181527

Unemployment and Consumption: Are Job Losses Less Painful near the Mediterranean?

Bentolila, Samuel; Ichino, Andrea - CESifo - 2000

In this paper we analyze the relationship between unemployment and consumption. We study this relationship with panel data on households in five countries: Spain and Italy (the South), and Germany, Britain, and the US (the North). Our empirical results indicate that an increase in the duration...

Persistent link: https://www.econbiz.de/10005181601

Demography and the Long-run Predictability of the Stock Market

Geanakoplos, John; Magill, Michael; Quinzii, Martine - Cowles Foundation for Research in Economics, Yale University - 2002

Stock market price/earnings ratios should be influenced by demography. Since demography is predictable, stock returns should be as well. We provide a simple stochastic OLG model with a cyclical structure that generates cyclical P/E ratios. We calibrate the model to roughly fit the cyclical...

Persistent link: https://www.econbiz.de/10005196044