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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.

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Book Details

ISBN: 9780521023313
ISBN-10: 0521023319
Format: Paperback
(228mm x 152mm x 12mm)
Pages: 212
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 30-Jan-2006
Country of Publication: United Kingdom

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Books By Author Klaus Schmidt-Hebbel

Economics of Saving and Growth by Klaus Schmidt-Hebbel

The Economics of Saving and Growth

Hardback, May 1999
$153.00