The Economics of Savings and Growth: Theory, Evidence, and Implications for Policy - Brossura

Schmidt-Hebbel, Klaus

Brossura

ISBN 10: 0521023319 ISBN 13: 9780521023313

Casa editrice: Cambridge University Press, 2008

Riassunto

Saving rates display great variation across countries and over time. They are also closely related to growth performance. This 1999 volume provides an account of key variables, institutions and policies that determine saving. Drawing from a systematic exploration of the existing literature, the collection summarizes knowledge about cross-country saving trends, the relation between saving and growth, the impact of financial policies and institutions on saving, the effect of foreign resource inflows on saving, and the links between income distribution and aggregate saving. In addition, new research results are presented on the two latter areas. The work has a strong empirical motivation: to help address real-world issues on consumption and saving in both industrial and developing countries, in order to assist in the design of rational and effective macroeconomic policies.

Su questo libro

Descrizione del libro:

This c1999 ollection provides an account of the key factors that determine saving. Drawing from the existing literature, the work presents a policy-orientated summary of current knowledge, along with analytical and empirical findings, about international saving trends, the relation between growth and saving and the effects of financial institutions, foreign inflows and income inequality on saving performance.

Contenuti:

Foreword Joseph Stiglitz; 1. Introduction; 2. Saving in the world: the stylized facts Klaus Schmidt-Hebbel; 3. Saving and growth Luis Serven; 4. Financial policies and saving Angus Deaton; 5. Foreign resource inflows, saving and growth Patrick Honohan; 6. Aggregate saving and income distribution Maurice Obstfeld.

Su questa edizione

• Editore: Cambridge University Press
• Data di pubblicazione: 2008
• ISBN 10: 0521023319
• ISBN 13: 9780521023313
• Rilegatura: Copertina flessibile
• Numero di pagine: 212