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Korea and the Philippines) countries over the 1970–2000 period. The focus is on the relationship between savings rates and … savings depresses domestic savings ratio in the short as well as in the long run and the offset appears to be larger in the … crisis period; (ii) real interest has a small negative effect on savings in the short and long run; (iii) the demographic …
Persistent link: https://www.econbiz.de/10005701556
heterogeneous than the savings market. …
Persistent link: https://www.econbiz.de/10010738283
-age dependency ratio. Findings – Longevity consistently has a significant positive impact on savings, while old-aged dependency rate … literature where old-age dependency exerts a negative impact on savings is sensitive to the manner in which the data is handled … expanding longevity on savings, thus avoiding potential omitted variable bias in previous studies. Second, they explore non …
Persistent link: https://www.econbiz.de/10010742478
macro-economic factors, savings behaviour of population and level of deposits of population in banks for two hour horizons … study the article establishes that Ukrainian population is oriented at short-term horizon when forming savings due to the … uncertainty in future. In the medium-term prospective, savings of the population are formed basically under influence of macro …
Persistent link: https://www.econbiz.de/10010747430
are financially sophisticated anduse several different (formal and informal) savings devices. We also highlight a positive … that microfinance may contribute to the awareness of the potentialbenefits of savings and expand access to alternative … formal savings devices. …
Persistent link: https://www.econbiz.de/10010789176
Current account deficits imply increasing liabilities to the rest of the world. External sustainability then depends on whether these can be met in the future without defaulting, i.e., normally through trade account surpluses. To run such surpluses without a fall in consumption, capital inflows...
Persistent link: https://www.econbiz.de/10010790435
In this paper we test for the existence of a stable long-run savings–investments relationship in 18 OECD economies over … savings and investments, this cannot be ruled out as individual time series tests may have low power. We thus construct a new … long-run savings–investments relationship in most of the countries, with USA the most notable exception. However, the …
Persistent link: https://www.econbiz.de/10010793980
on savings and investment rates over the period 1970-2012. To examine the time series properties of the data we have … mobility and long run the savings and investment rates are not moving together indicating the absence of Feldstein Horioka …
Persistent link: https://www.econbiz.de/10010674782
Government deficits financed by domestic borrowing were found to crowd out private borrowing and spending by consumers and businesses, in both recession and non-recession periods. Deficits due to tax cuts had a net negative effect on GDP, because stimulus effects are smaller than the crowd out...
Persistent link: https://www.econbiz.de/10010674809
Persistent link: https://www.econbiz.de/10010677902