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What do aggregate saving rates (not) show?

Ponomarenko, Alexey A.; Ponomarenko, Alexey N. - 2017

The aggregate saving indicator does not directly reflect changes in individuals' microeconomic behavior. From the …) choose to save, because the aggregate saving statistical indicator is a residual concept defined as the ensuing difference … the aggregate saving rate, productivity growth and lending. Meanwhile, a genuine increase in the average individual …

Persistent link: https://www.econbiz.de/10011752165

Financial Development, Economic Growth and Corporate Governance

Winkler, Adalbert - 1998

During the last years the relationship between financial development and economic growth has received widespread attention in the literature on growth and development. This paper summarises in its first part the results of this research, stressing the growth-enhancing effects of an increased...

Persistent link: https://www.econbiz.de/10010330134

The value of clean water: Evidence from an environmental disaster

Gonzalez, Rodrigo Barbone; Ornelas, José Renato Haas; … - 2023

-to-firm electronic payments and individual-level consumer credit usage. We find that agricultural producers in affected municipalities … municipalities, individuals also faced an 8% fall in their credit card and consumer finance expenditures. This result is stronger for …

Persistent link: https://www.econbiz.de/10014563938

Financial inclusion: Concepts, issues and policies for India

Singh, Nirvikar - 2017

payments and financial literacy, as well as markets for health insurance, crop insurance, agricultural credit, small firm …

Persistent link: https://www.econbiz.de/10012013812

Discovering the true Schumpeter: New insights into the finance and growth nexus

Bofinger, Peter; Geißendörfer, Lisa; Haas, Thomas; … - 2022

credit growth supports GDP growth while saving is irrelevant for credit growth and GDP growth. In sum, a correct … misrepresentation of the role of banks and liquidity creation and the role of household saving. After a critical discussion of the …

Persistent link: https://www.econbiz.de/10013207024

Multi-dimensional transitional dynamics: A simple numerical procedure

Trimborn, Timo; Koch, Karl-Josef; Steger, Thomas M. - 2004

We propose the relaxation algorithm as a simple and powerful method for simulating the transition process in growth models. This method has a number of important advantages: (1) It can easily deal with a wide range of dynamic systems including multi-dimensional systems with stable eigenvalues...

Persistent link: https://www.econbiz.de/10011753100

Demographic forecasts and volatility of investment rates vs. labor productivity trajectories

Bolińska, Monika; Dykas, Paweł; Mentel, Grzegorz; … - In: Journal of Business Economics and Management (JBEM) 20 (2019) 6, pp. 1045-1063

In the article the authors attempted to develop the neoclassical model of economic growth, repealing two assumptions regarding the Solow growth model. First of all, the authors assume that the growth path of the number of employees is increasing asymptotically to a fixed value, not to infinity...

Persistent link: https://www.econbiz.de/10015401452

Relationships between ESG disclosure and economic growth: A critical review

Hassani, Bertrand Kian; Bahini, Yacoub - In: Journal of Risk and Financial Management 15 (2022) 11, pp. 1-23

The literature on the relationship between ESG disclosure and economic growth is relatively non-existent. Thus, this paper highlights the importance of taking this relationship into account in current sustainable policies. The main objective of extra-financial Disclosure is to mitigate...

Persistent link: https://www.econbiz.de/10014332694

Financial System Development, Regulation and Economic Growth : Evidence from Russia

Thießen, Ulrich - 2004

Recent contributions to the empirical analysis of the relationship between financial system development and economic growth found that an exogenous component of financial system development causes economic growth, is a good predictor of growth and that its growth impact is relatively large. In...

Persistent link: https://www.econbiz.de/10010260676

Economic Growth in the Potterian Economy

Snir, Avichai; Levy, Daniel - In: The Law and Harry Potter, (pp. 211-236). 2010

We study the economic structure of the life of Harry Potter and his co-actors as an economic model that governs the social organization of their economic activities. Our goal is to study and understand the internal consistency of the Potterian economic model and explore the relationships between...

Persistent link: https://www.econbiz.de/10010427276