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positive and significant correlation between national saving and domestic investment rates in Latin America and the Caribbean … saving, domestic investment increases by 0.39 percentage points on average. There are however, three nuances to the headline …
Persistent link: https://www.econbiz.de/10011339421
This paper describes the share of investment in fixed capital and working capital financed by retained earnings using a …, particularly by smaller firms located in countries with less developed financial markets. Investment in fixed assets represents …
Persistent link: https://www.econbiz.de/10011473027
This paper follows two strategies to address whether the rich save more. First, the paper implements a two-stage procedure in which the household's lifetime income is instrumented with the education level of the household head and the education level of his/her partner. Second, using information...
Persistent link: https://www.econbiz.de/10011290956
This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin …
Persistent link: https://www.econbiz.de/10011289284
variables of fiscal balance, savings and investment. Section II considers some of the major exogenous shocks experienced in the … trading nations; the need to raise India's aggregate investment, savings and exports through an array of economic policy …
Persistent link: https://www.econbiz.de/10015403470
systematically higher domestic savings than other countries in the region. Using the wealth of relevant databases available for the … country, the paper finds that a possible explanation is that household savings account for a majority of domestic savings, and … that the main instrument used for savings is durable goods, which implies that savings are not directly injected into the …
Persistent link: https://www.econbiz.de/10011485820
Persistent link: https://www.econbiz.de/10003453868
Persistent link: https://www.econbiz.de/10003879116
Europe will be challenged by demographic changes over the next few decades, even under favourable assumptions about fertility and migration, but the economic effects are not yet fully understood. This paper studies the effects of population ageing on economic growth, capital deepening and...
Persistent link: https://www.econbiz.de/10013417455
A simple classical-Marxian model of growth and distribution is developed in which education transforms low-skilled workers into high-skilled ones and in which high-skilled workers save and hold capital, therefore receiving both high-skilled wages and profit income. We analyze the implications...
Persistent link: https://www.econbiz.de/10011596528