A World Macro Saving Fact and an Explanation

The world macro saving fact concerns the total financial saving of the world's private sector divided by world GDP. Relative to changes before 1994, there was a huge fall in this ratio between 1995 and 2000, a huge increase between 2000 and 2003, a huge fall between 2003 and 2006, and a huge increase between 2006 and 2009. The explanation is that these fluctuations appear to be driven in large part by fluctuations in stock prices and housing prices

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Year of publication:	2011
Authors:	Fair, Ray C.
Publisher:	[2011]: [S.l.] : SSRN
Subject:	Sparen \| Savings \| Welt \| World

Extent:	1 Online-Ressource (28 p)
Series:	Cowles Foundation Discussion Paper ; No. 1776
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 3, 2011 erstellt
Other identifiers:	10.2139/ssrn.1734407 [DOI]
Classification:	E21 - Consumption; Saving ; E44 - Financial Markets and the Macroeconomy ; F41 - Open Economy Macroeconomics
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013131890