The Impact of Economic Securityon Bank Deposits and Investment /

This paper highlights the importance of institutions in explaining the variation of investment rates and of two measures of bank deposits across countries. A general index of economic security is created for 130 countries. Its explanatory power is compared with measures of specific institutional arr...

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Detalles Bibliográficos
Autor Principal: Fabricius, Michael
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/098
Acceso en liña:Full text available on IMF
Descripción
Summary:This paper highlights the importance of institutions in explaining the variation of investment rates and of two measures of bank deposits across countries. A general index of economic security is created for 130 countries. Its explanatory power is compared with measures of specific institutional arrangements. For investment as well as for bank deposits, specific institutional factors are shown to be highly significant and outperform the general index.
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Descrición Física:1 online resource (32 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
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