Showing 1 - 10 of 14,305
Persistent link: https://www.econbiz.de/10013396176
savings, thereby contributing to higher investment. The dynamics of such productivity shocks have been disentangled into trend …. Countries should focus on promoting policies to boost productivity growth and thereby achieve higher savings instead of focusing … on savings-induced policies alone. …
Persistent link: https://www.econbiz.de/10012321005
This paper makes three contributions. First, I construct annual time series of gross domestic investment and national saving in the United States for the 1897-1949 period using historical component series. I compare the qualitative and quantitative properties of the newly constructed series with...
Persistent link: https://www.econbiz.de/10014087784
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
Marketplace lending has fundamentally changed the relationship between borrowers and lenders in financial markets. As with many other financial products that have emerged in recent years, internet-based investors may be inexperienced in marketplace lending, highlighting the importance of...
Persistent link: https://www.econbiz.de/10014518604
Persistent link: https://www.econbiz.de/10001667013
I consider a consumption based asset pricing model where the consumer does not know if shocks to dividends are stationary (temporary) or non-stationary (permanent). The agent uses a Bayesian learning algorithm with a bias towards recent observations to assign probability to each process. While...
Persistent link: https://www.econbiz.de/10013054127
In the wake of a slump in gross savings due to macroeconomic shocks, among them the COVID-19 pandemic costs, this study … studies investigated the role of inflation on savings only in advanced nations and findings were inconclusive and mixed … instance turns negative and thus puzzling. The current study will investigate the effect of inflation on savings behaviour in …
Persistent link: https://www.econbiz.de/10014356593
. (2020). An informational decomposition points to variables related to incomplete markets (precautionary motives and credit …
Persistent link: https://www.econbiz.de/10014380708
The paper examines the long-run fluctuations in growth and distribution through the prism of wage-and profit-led growth. We argue that the relation between distribution of income and growth changes over time. We propose an endogenous mechanism that leads to fluctuations between wage- and...
Persistent link: https://www.econbiz.de/10010402587