Showing 1 - 10 of 83
, savings, length of stay in the U.S., and citizenship status affect the probability of homeownership before the recession and …
Persistent link: https://www.econbiz.de/10010884298
Many households have insufficient savings to handle moderate and routine consumption shocks. Many of these financially …-Linked Savings (PLS) accounts, that combine principal-security with lottery-type jackpots, can increase savings among these at …-risk households. Results from an online experiment show that the introduction of PLS accounts increase total savings and reduce …
Persistent link: https://www.econbiz.de/10010959657
In this paper we analyze a mechanism that is particularly relevant to the workings of the Great Recession: we explain how easier home financing and higher homeownership rates increase unemployment rates. To this purpose we build a model of job search with liquid wealth accumulation and...
Persistent link: https://www.econbiz.de/10011212745
Population ageing increases fiscal pressure by increasing the aged to working-age ratio, which simultaneously reduces the growth in government revenue and increases government social outlays. This study evaluates proposed tax and economic growth policies to meet the population ageing induced...
Persistent link: https://www.econbiz.de/10011258581
wealth variables like total market capitalization of stocks. In line with theory, it was found that nominal national savings … Pakistan. Consumption decisions determine savings decisions. In long term growth literature, differences in long term growth … had been explained to a large extent by differences in the rate of savings which also determine a country’s investment in …
Persistent link: https://www.econbiz.de/10011258849
savings, as distinct from savings through compulsory contributions to the program. We consider a microfinance program … income increases more in treatment-group households, the increase in personal savings of the microfinance …
Persistent link: https://www.econbiz.de/10011259347
This paper addresses the condition of savings and investments enviroment in the world economy and in particular regions …
Persistent link: https://www.econbiz.de/10011259981
This study while validating the increasing role for financial intermediaries in economic development has attempted to highlight the importance of reduction of transaction costs for financial deepening and consequent economic growth. It is elucidated that higher transaction costs of borrowing for...
Persistent link: https://www.econbiz.de/10011260268
Abstract The sub-optimal savings propensity in South Africa the past three decades causes concern for the ability of … the country to support its economic development. An historical analysis of the development of the savings’ trends in South … economic activity in the Cape Colony very little is known about the role financial sector development and savings played in the …
Persistent link: https://www.econbiz.de/10011260668
capacity of the state, become larger than the benefits of high savings and investment rate that were making capitalism …
Persistent link: https://www.econbiz.de/10011261002