Dynamiccs of Asian Savings : Role of Growth and Age Structure.

This paper shows how growth and demography, two important determinants of the savings rate in the life-cycle approach, explain a large part of the diversity in savings behavior in Asia across eight countries as well as over time. Inflation and adverse movements in the terms of trade are found to be...

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Bibliografske podrobnosti
Korporativna značnica: International Monetary Fund
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1988.
Serija:IMF Working Papers; Working Paper ; No. 1988/049
Online dostop:Full text available on IMF
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245 1 0 |a Dynamiccs of Asian Savings :   |b Role of Growth and Age Structure. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1988. 
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 shows how growth and demography, two important determinants of the savings rate in the life-cycle approach, explain a large part of the diversity in savings behavior in Asia across eight countries as well as over time. Inflation and adverse movements in the terms of trade are found to be two additional factors with depressing effects on the propensity to save. The paper also finds evidence in favor of the error-correction formulation under which the savings rate varies procyclically in the short run but remains constant in the steady state. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1988/049 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1988/049/001.1988.issue-049-en.xml  |z IMF e-Library