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The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...
Persistent link: https://www.econbiz.de/10011259562
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
In two earlier studies, we established that, to some extent, liberalization of the financial system does matter in Nigeria and that operators of the banking system, as suppliers of credit, believe in the efficacy of the liberalization effort in stimulating deposit and promoting competition...
Persistent link: https://www.econbiz.de/10005479007
effect on investment, and a (fairly) small significant negative effect on domestic savings. The aggregate result is thus an … domestic savings. We conclude that in Asia and Latin America, aid is a substitute to domestic savings, but has a net positive …
Persistent link: https://www.econbiz.de/10005439972
This paper investigates the determinants of real interest rates at world and country level. The starting point is the idea that the real interest rates reflect the interaction of desired saving and planned investment, using the framework developed by Barro and Sala-i- Martin (1990) and Barro (1992).
Persistent link: https://www.econbiz.de/10005368573
I present a simultaneous-equation model with which I estimate both direct and indirect effects of financial distortions in real interest and black-market exchange rates on saving, investment, export growth and output growth.
Persistent link: https://www.econbiz.de/10005357579
Like their European counterparts, French households reduced their savings and increased their consumption. They …
Persistent link: https://www.econbiz.de/10010552972
Capital markets facilitate capital growth by mobilizing savings and converting them into investments, and they are … therefore a stimulant of economic growth. There is evidence that countries with high savings rates tend to grow faster. Although … to incentivize investments; developing and implementing focused policies to support the growth of micro, small and medium …
Persistent link: https://www.econbiz.de/10013380646
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
utility of savings in an economy when there the savings return to the market for investments and for consumption and when …The escaped savings are critical for the cycle of money, as express the amount of money which leak from an economy and … escaping savings and without the escaping saving. Then, it is plausible to extract the appropriate conclusions about the …
Persistent link: https://www.econbiz.de/10012845088