Showing 1 - 10 of 2,499
With a steep fall in the national savings rate in developing economies attributed to external shocks and stagnation of … economic growth, this study will investigate the key drivers that explain variations in the public savings rate in Kenya using … of savings in industrialized economies while ignoring low-income countries. To estimate the main determinants of national …
Persistent link: https://www.econbiz.de/10014349675
As we all know that Investments and savings are one of the key components to run the economy. Without savings there can … be hardly any investments and without investments there can be hardly any economic activity. For any country Savings and … Investments is one of the factor for growth and development. Therefore, it can be said that savings and investments are considered …
Persistent link: https://www.econbiz.de/10014107659
This paper aims at determining the role and impact of saving, investment and capital formation in economic development of Nepal. The macro economic variables are introduced vide an extension of the econometric model, which explicitly included Almon's (1965) Polynomial Lag Model. The empirical...
Persistent link: https://www.econbiz.de/10012989390
In this paper we reexamine the Feldstein-Horioka finding of limited international capital mobility by using a broader view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to this change
Persistent link: https://www.econbiz.de/10013132420
Relations between national public and private savings, domestic investment, and the current account are analyzed with … literature. The results from the two approaches are rather different. The simulation results indicate that private savings … largely offset public savings (and vice versa) in the short run. In contrast with findings in partial models, a smaller effect …
Persistent link: https://www.econbiz.de/10013124305
the model used in this paper, savings and investment are co-determined through adjustments in the real interest rate, and … regarding the effects of technological and preference shocks, but the overlapping generations model predicts lower savings and … quantitatively large. For plausible parameter values, the differences in growth rates, savings rates and investment rates are of the …
Persistent link: https://www.econbiz.de/10013072414
The Feldstein-Horioka puzzle is often referred to as evidence of poor capital mobility between countries. One might expect that integrated economies (such as in the EU) would lead to the end of this puzzle. On the contrary, disintegration would be likely to produce this puzzle. The Comecon's...
Persistent link: https://www.econbiz.de/10013055578
, the composition of national savings, and the determinants of the evolution of household saving rates. During 2000 …. Corporate savings have surged across Asia during this period, becoming the main component of gross national savings in the … region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving …
Persistent link: https://www.econbiz.de/10013158044
We demonstrate that the correlation of saving and investment is measured best by an error correction model (ECM), because theory implies a cointegrating relation between these variables. The ECM comprises all previous specifications as special cases, which are shown to be potentially...
Persistent link: https://www.econbiz.de/10010220230
We present an intertemporal consumption model of consumer investment in financial literacy. Consumers benefit from such investment because their stock of financial literacy allows them to increase the returns on their wealth. Since literacy depreciates over time and has a cost in terms of...
Persistent link: https://www.econbiz.de/10008856384