Download The Economics of Saving and Growth: Theory, Evidence, and by Klaus Schmidt-Hebbel, Luis Servén, Joseph Stiglitz PDF

By Klaus Schmidt-Hebbel, Luis Servén, Joseph Stiglitz

Saving charges reveal nice version throughout international locations and through the years. also they are heavily regarding progress functionality. This quantity offers a state of the art account of key variables, associations and regulations that make certain saving. Drawing from a scientific exploration of the prevailing literature, the gathering summarizes present wisdom approximately cross-country saving tendencies, the relation among saving and development, the influence of monetary rules and associations on saving, the influence of international source inflows on saving, and the hyperlinks among source of revenue distribution and mixture saving.

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Extra resources for The Economics of Saving and Growth: Theory, Evidence, and Implications for Policy

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Mussa, M, and M. Goldstein. 1993. "The Integration of World Capital Markets," International Monetary Fund Working Paper No. 93/95. International Monetary Fund, Washington, DC. Obstfeld, M. 1994. "International Capital Mobility in the 1990s," in Understanding Independence: The Macroeconomics of the Open Economy, Princeton Unversity Press. OECD. 1994. " Paris: Organization for Economic Cooperation and Development. , and A. Madarassy. 1993. "Trends in Private Investment in Developing Countries," IFC Discussion Papers No.

And S. Rebelo. 1993. "Fiscal Policy and Economic Growth: An Empirical Investigation," Journal of Monetary Economics 32: 417-58. , and K. Schmidt-Hebbel. 1994. Statistical Appendix, in W. Easterly, C. A. Rodriguez, and K. ): Public Sector Deficits and Macroeconomic Performance, Oxford University Press. Edwards, S. 1995. "Why Are Latin America's Saving Rates So Low? An International Comparative Analysis," Journal of Development Economics 51(1): 5-44. Feldstein, M. 1994. "Tax Policy and International Capital Flows," NBER Working Paper No.

Lipsey and H. S. cit. Modigliani, F. 1970. "The Life-Cycle Hypothesis of Saving and Intercountry Differences in the Saving Ratio," in W. A. Eltis, M. F. G. Scott, and J. N. ): Induction, Trade, and Growth: Essays in Honour of Sir Roy Harrod, Oxford: Clarendon Press, 197-225. Mussa, M, and M. Goldstein. 1993. "The Integration of World Capital Markets," International Monetary Fund Working Paper No. 93/95. International Monetary Fund, Washington, DC. Obstfeld, M. 1994. "International Capital Mobility in the 1990s," in Understanding Independence: The Macroeconomics of the Open Economy, Princeton Unversity Press.

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