Neglected Heterogeneity and Dynamics in Cross-Country Savings Regressions.

This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that neglecting heterogeneity and dynamics can lead to misleading inferen...

সম্পূর্ণ বিবরণ

গ্রন্থ-পঞ্জীর বিবরন
সংস্থা লেখক: International Monetary Fund
বিন্যাস: পত্রিকা
ভাষা:English
প্রকাশিত: Washington, D.C. : International Monetary Fund, 1999.
মালা:IMF Working Papers; Working Paper ; No. 1999/128
অনলাইন ব্যবহার করুন:Full text available on IMF
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245 1 0 |a Neglected Heterogeneity and Dynamics in Cross-Country Savings Regressions. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1999. 
300 |a 1 online resource (37 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that neglecting heterogeneity and dynamics can lead to misleading inferences about the key determinants of savings behavior. The results indicate that among the many variables considered in the literature only the fiscal variables-the general government surplus as a proportion of GDP and the ratio of government consumption to GDP-are important determinants of private savings rates in the industrial countries in the post-World War II period. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/128 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1999/128/001.1999.issue-128-en.xml  |z IMF e-Library