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World saving: trends and theories

dc.creatorSchmidt-Hebbel, Klaus
dc.creatorServén, Luis
dc.date2016-05-10
dc.date.accessioned2022-07-05T18:33:30Z
dc.date.available2022-07-05T18:33:30Z
dc.identifierhttps://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/41030
dc.identifier.urihttps://revistaschilenas.uchile.cl/handle/2250/189022
dc.descriptionThe world's average saving rate has declined for the last two decades but country saving rates exhibit a large dispersion, especially in developing regions. While in a small number of developing countries saving has risen substantially if -along with growth- saving has stagnated or even declined in most industrial, developing, and transition economies. This paper provides evidence on the evolution of world and regional saving rates and their correlation with selected variables. It also surveys conventional and more recent saving/consumption theories that are potentially relevant in explaining world saving patterns and correlations. Finally it identifies a selective number of research puzzles and policy issues that merit further research.en-US
dc.formattext/html
dc.languageeng
dc.publisherDepartamento de Economía - Facultad de Economía y Negocios, Universidad de Chile.en-US
dc.relationhttps://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/41030/43617
dc.sourceEstudios de Economía; Vol. 25 No. 2 (1998): December; pp. 191-215en-US
dc.sourceEstudios de Economía; Vol. 25 Núm. 2 (1998): December; pp. 191-215es-ES
dc.source0718-5286
dc.source0304-2758
dc.titleWorld saving: trends and theoriesen-US
dc.titleWorld saving: trends and theorieses-ES
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion


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