Homogeneous Preferences and Heterogeneous Growth Performance: International Differences in Saving and Investment Behavior.

This paper presents a methodology for testing a standard assumption in growth theory: that preferences are homogeneous across economic agents. The authors apply the methodology in the specific context of international saving and investment behavior. The empirical results provide evidence of considerable heterogeneity of preferences across countries. Copyright 1993 by WWZ and Helbing & Lichtenhahn Verlag AG

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Year of publication:	1993
Authors:	Leff, Nathaniel H ; Sato, Kazuo
Published in:	Kyklos. - Wiley Blackwell, ISSN 0023-5962. - Vol. 46.1993, 2, p. 203-23
Publisher:	Wiley Blackwell

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005693526