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|a 1018-5941
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|a Loko, Boileau.
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|a Private Savings and COVID-19 in Sub-Saharan Africa /
|c Boileau Loko, Nelie Nembot, Marcos Poplawski Ribeiro.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2022.
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|a 1 online resource (47 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The paper reexamines the main private savings determinants in Sub-Saharan Africa (SSA), followed by an analysis of the COVID-19 pandemic impact on private savings in SSA and other country groupings. Using an unbalanced panel data from 1983-2021 for 31 SSA economies, the paper finds that real per capita economic growth remains a key historical determinant of private savings in the region. In contrast with other regions, private saving rates have not increased during COVID-19 in SSA. Instead, COVID-19 deaths in our estimations are significantly associated with a decline in private savings in SSA. Robustness checks and a descriptive analysis of household surveys during the pandemic corroborate those results.
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|a Economywide Country Studies
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|a Macroeconomics
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|a Multiple or Simultaneous Equation Models
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|a Saving
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|a Wealth
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|a Nembot, Nelie.
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|a Ribeiro, Marcos Poplawski.
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|a IMF Working Papers; Working Paper ;
|v No. 2022/176
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|z Full text available on IMF
|u https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=176
|z IMF e-Library
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