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Latin America’s historically low saving rates and sub-par growth performance raise the question of whether the region should save more to grow faster. Economists generally resist acknowledging a policy-exploitable causal connection going from saving to growth because domestic saving is...
Persistent link: https://www.econbiz.de/10012571677
This paper investigates how China's saving, investment, and saving-investment balance will evolve in the decades ahead …, cross-country empirical analysis shows that economywide saving and investment in China are higher than what would be …-saving and investment would both decline only mildly in the coming two decades, with ambiguous impact on the current account …
Persistent link: https://www.econbiz.de/10012553780
evolution of saving, investment, capital flows, and, in particular, the cost of capital. When considering these trends, the … (constraining upward pressure in global investment). For the majority of countries, slowing capital demand resulting from … governing the behavior of saving and investment are varied …
Persistent link: https://www.econbiz.de/10012572490
The author analyzes sectoral patterns of investment and saving in China-over time and compared with other countries …-to shed light on the factors driving high investment and on how saving is channeled into investment. The findings inform … several policy debates. Key findings include: (1) investment by enterprises distinguishes China from other countries and …
Persistent link: https://www.econbiz.de/10012554083
The authors conduct an empirical study on the effect of the accumulation of pension fund financial assets, on national saving, using a panel of 43 industrial, and developing countries. The authors find evidence suggesting that the accumulation of pension fund financial assets might increase...
Persistent link: https://www.econbiz.de/10012559834
The author assesses the importance of the regulatory framework as a determinant of private sector investment in … infrastructure. She uses recently compiled data on private and public sector investment in the water, power, telecommunications … significant institutional determinant of private investment volumes is the passage of legislation liberalizing the investment …
Persistent link: https://www.econbiz.de/10012573298
Since the early 2000s, after a long period of wide and persistent gaps, Latin America has experienced a steady decline in income inequality. This paper presents evidence of a trend reversal in labor income inequality, which is considered the main factor behind such a decline in income inequality...
Persistent link: https://www.econbiz.de/10012570894
This paper assesses the link between democracy and inequality. Inequality is measured at the cohort level with pseudo-panel data built from nine Latin American countries' household surveys (1995-2009, biannual). Democracy is measured as a stock during long periods of time both before and after...
Persistent link: https://www.econbiz.de/10012572019
Wealth and gender inequity in the accumulation of cognitive skills is measured as the association between subject competency and wealth and gender using the OECD s Programme for International Student Assessment. Wealth inequity is found to occur not through disparate household characteristics...
Persistent link: https://www.econbiz.de/10012572430
This paper explores perceptions of distributive justice in Latin America during the 2000s and their relationship with income inequality. In line with the fall in income inequality in the region, the paper documents a widespread, although modest, decrease in the share of the population that...
Persistent link: https://www.econbiz.de/10012570263