Showing 1 - 10 of 144
Persistent link: https://www.econbiz.de/10005406621
In this paper we investigate empirically the relationship between population aging begins in Morocco and private savings. To do this, we use an overlapping generations model (OLG) and annual data from 1980 to 2010. Econometric estimates show that if the increase in the dependency ratio...
Persistent link: https://www.econbiz.de/10015239148
Measurement of productivity in the service sector has always represented a challenge for economists. "Productivity in the U.S. Services Sector: New Sources of Economic Growth", by Jack Triplett and Barry Bosworth from the Brookings Institution is reviewed. The authors have produced a textbook on...
Persistent link: https://www.econbiz.de/10005518956
Persistent link: https://www.econbiz.de/10005406627
This paper studies the effect of combining different insurance schemes on the efficiency of consumption smoothing in an … (1988). The risk averse agent's savings play the role of a collateral, thereby improving consumption smoothing. Furthermore … savings and debt substitutable. If these assumptions are relaxed, consumption smoothing worsens but is still better than what …
Persistent link: https://www.econbiz.de/10005100656
, consumption and savings of households. It gives a measure of purchasing power within a consistent and integrated framework, which … surveys exist providing individual data on income and consumption. Those surveys are used to measure inequalities between … levels) have been combined to give a breakdown of income and consumption measured in the national accounts (for the year 2003 …
Persistent link: https://www.econbiz.de/10008539953
Persistent link: https://www.econbiz.de/10005243440
The story of the choice of exchange rate regimes has not yet come to a consensus. Between early works on the subject (Mundell, 1961; McKinnon, 1963) and the most recent (Frenkel, 2017; Guzman et al., 2017), no superiority of a foreign exchange regime on the others is established ad vitam aeternam....
Persistent link: https://www.econbiz.de/10015259305
The story of the choice of exchange rate regimes has not yet come to a consensus. Between early works on the subject (Mundell, 1961; McKinnon, 1963) and the most recent (Frenkel, 2017; Guzman et al., 2017), no superiority of a foreign exchange regime on the others is established ad vitam aeternam....
Persistent link: https://www.econbiz.de/10015259353
The main purpose of this paper is to analyze threshold effects of official development assistance (ODA) on economic growth in WAEMU zone countries. To achieve this, the study is based on OECD and WDI data covering the period 1980-2015 and used Hansen’s Panel Threshold Regression (PTR) model to...
Persistent link: https://www.econbiz.de/10015259722