Private Saving and Terms of Trade Shocks : Evidence From Developing Countries /

This paper examines the relationship between temporary terms of trade shocks and household saving in developing countries. It is first shown that, from a theoretical standpoint, this relationship is ambiguous: private saving may rise or fall in response to a transitory terms of trade shock, dependin...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Ostry, Jonathan
Awduron Eraill: Reinhart, Carmen
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1991.
Cyfres:IMF Working Papers; Working Paper ; No. 1991/100
Mynediad Ar-lein:Full text available on IMF
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020 |c 5.00 USD 
020 |z 9781451852318 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Ostry, Jonathan. 
245 1 0 |a Private Saving and Terms of Trade Shocks :   |b Evidence From Developing Countries /  |c Jonathan Ostry, Carmen Reinhart. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1991. 
300 |a 1 online resource (26 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 relationship between temporary terms of trade shocks and household saving in developing countries. It is first shown that, from a theoretical standpoint, this relationship is ambiguous: private saving may rise or fall in response to a transitory terms of trade shock, depending on the values of the intertemporal elasticity of substitution and the intratemporal elasticity of substitution between traded and nontraded goods. Empirical estimates of these two parameters are obtained using data from a sample of 13 developing countries, and then used to draw implications for the response of private saving to transitory terms of trade shocks. 
538 |a Mode of access: Internet 
700 1 |a Reinhart, Carmen. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1991/100 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1991/100/001.1991.issue-100-en.xml  |z IMF e-Library