his concept of optimum saving developed as a reaction to Ramsey's approach to capital accumulation. It is shown that …In the 1960s and 1970s Harrod shifted the emphasis of his research in economic dynamics from the study of business …, according to Harrod, the saving rate does not affect the long-run growth rate of per capita income, which is determined by …

-1936 from when he worked on A Treatise on Money to the completion of his General Theory. The forced saving notion has been …I examine John Maynard Keynes' struggle with the doctrine of the classical forced saving during the period 1924 … what led John Maynard Keynes to completely abolish ideas related to forced saving and place his emphasis on effective …

-Horioka puzzle ; capital mobility ; capital flows ; saving ; investment ; Adam Smith ; invisible hand …

’s current income. However, saving requires the availability of a secure instrument. Historically, the availability of such …. In the meantime, life expectancy has grown to exceed retirement age by about two decades. The savings requirements for … this long retirement period lead to an excess of the supply of savings (including social security contributions), which …