Download or read book Explaining Household Saving Rates in G7 Countries written by Felix Hüfner and published by . This book was released on 2010 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many propositions have been made to explain the increase in the German household saving rate since the year 2000 from an individual country perspective but most of them focus on partial aspects. This paper adds to the discussion by analysing whether factors common to other industrial countries help to explain the behaviour of the German household saving rate. We analyse the determinants of household saving rates in the G7 countries since the 1970s in a panel co-integration framework. Unlike many previous studies, our specification allows for heterogeneity in the long- and short-run parameters across countries and explicitly distinguishes between financial liberalisation effects and wealth effects. Apart from finding that income developments as well as real interest rates and inflation are influencing household savings in most countries, results suggest that wealth effects through house and stock prices play a role in many countries, notably over the more recent period. According to the model, the recent increase in the German saving rate is due to two factors: Firstly, the actual saving rate was below its estimated equilibrium level at the end of the 1990s, implying an upward correction over the medium term. Secondly, the equilibrium saving rate has moved upwards in the first half of the 2000s, largely because of declines in stock prices.
Download or read book Explaining Household Saving Rates in G7 Countries written by and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Empirical Determinants of Household Saving written by Mr.Tim Callen and published by International Monetary Fund. This book was released on 1997-12-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the empirical determinants of household saving using data from 21 OECD countries for 1975-95. A particular focus is the influence of the tax and social security systems on household saving. The paper therefore extends the usual set of explanatory variables used to explain household saving behavior to include variables that capture the structure of the tax system and the financing and generosity of the social security and welfare system. These variables are found to have an important impact on household saving. Accordingly, by changing the design of these systems, governments may be able to influence saving.
Download or read book Understanding National Accounts Second Edition written by Lequiller François and published by OECD Publishing. This book was released on 2014-10-20 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.
Download or read book Empirical Determinants of Household Saving written by Tim Callen and published by . This book was released on 2006 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the empirical determinants of household saving using data from 21 OECD countries for 1975-95. A particular focus is the influence of the tax and social security systems on household saving. The paper therefore extends the usual set of explanatory variables used to explain household saving behavior to include variables that capture the structure of the tax system and the financing and generosity of the social security and welfare system. These variables are found to have an important impact on household saving. Accordingly, by changing the design of these systems, governments may be able to influence saving.
Download or read book The Decline in Saving written by Barry Bosworth and published by Brookings Institution Press. This book was released on 2012 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Examines the decline in saving in the United States over the past quarter-century. Is it a statistical artifact of the official measure of saving? Why don't Americans save? What are the consequences for economic growth, the performance of the aggregate economy, and policy goals?"--Provided by publisher.
Download or read book OECD Factbook 2014 Economic Environmental and Social Statistics written by OECD and published by OECD Publishing. This book was released on 2014-05-06 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD Factbook 2014 is a comprehensive and dynamic statistical annual publication. It includes more than 100 indicators covering a wide range of topics.
Download or read book Handbook on Constructing Composite Indicators Methodology and User Guide written by OECD and published by OECD Publishing. This book was released on 2008-08-22 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide for constructing and using composite indicators for policy makers, academics, the media and other interested parties. In particular, this handbook is concerned with indicators which compare and rank country performance.
Download or read book Cyprus written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-10-22 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper on Cyprus models the evolution of the saving rate to help shed some light on its determinants, which could help inform medium-term projections. This paper suggests that household net wealth and unemployment are key determinants of the saving rate in Cyprus. Cypriot households dissaved in the period preceding the global crisis, as their wealth increased, and credit could be used to finance consumption. The data uncertainty, due to various data sources used and relatively short time-period may affect the regression results. Moreover, in the estimation, the endogeneity between household wealth and the saving rate, as well as between unemployment and the saving rate may have not been fully controlled through lags. Due to the lack of micro-level data, the analysis does not explore the distributional consideration with respect to wealth. Since wealth is likely distributed unevenly, high indebted households with limited wealth are likely to reduce their saving rate more than the average to support consumption in the face of economic stress. The forward-looking projections are also subject to considerable uncertainty and should be interpreted with care.
Download or read book Proceeding of the International Science and Technology Conference FarEast on 2020 written by Denis B. Solovev and published by Springer Nature. This book was released on 2021-06-06 with total page 1272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the proceedings of the International Science and Technology Conference “FarEastCon 2020,” which took place on October 6–9, 2020, in Vladivostok, Russian Federation. The conference provided a platform for gathering expert opinions on projects and initiatives aimed at the implementation of far-sighted scientific research and development and allowed current theoretical and practical advances to be shared with the broader research community. Featuring selected papers from the conference, this book is of interest to experts in various fields whose work involves developing innovative solutions and increasing the efficiency of economic activities.
Download or read book Economic and Policy Developments in East Asia written by Noel Gaston and published by Routledge. This book was released on 2016-01-22 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection, academics and policy-makers from Australia, Japan, New Zealand and Singapore present research results on a variety of topics based around three key themes: macroeconomics and trade, labour and social issues, and taxes and government spending. The chapters are empirically-oriented and include both cross-country studies and individual country studies. They include examinations of key topics, such as the problem of corruption, the relationship between trade liberalisation and growth and the impact of migration on the Asian welfare state, as well as studies of Chinese manufacturing exports and the income volatility of Indonesian banks. The scholarship containing in this collection is a crucial resource to researchers and commentators on the economies in our Asia-Pacific region. This book was originally published as a special issue of the Journal of the Asia Pacific Economy.
Download or read book OECD Economic Surveys Germany 2010 written by OECD and published by OECD Publishing. This book was released on 2010-03-26 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2010 edition of OECD's periodic survey of the German economy includes chapters covering emerging from the crisis, facilitating structural change and preventing long-term unemployment, bringing public finances back to a sustainable path, lessons ...
Download or read book Turkish Economy written by Ahmet Faruk Aysan and published by Springer. This book was released on 2018-03-30 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book scrutinizes the last 15 years of exceptional growth in the Turkish economy, and presents a model for sustainable ongoing growth that has particular implications for other key emerging economies. The growth of the Turkish economy in the 2000’s was based on two integrated fundamental factors: fixing deteriorating dynamics and implementing further reforms to stimulate economic activity. This basic formula led to pleasing rates of economic growth, fuelled particularly by domestic private investments along with revived consumption and exports. Driven by political stability established by single party governments in the post-2002 period, an improved economic outlook helped Turkey enjoy record levels of foreign investment, adding momentum to its growth story. The Turkish experience in the post-crisis period implies that in order to achieve a fast and - more importantly - sustainable onward growth, the economy needs a new generation of structural reforms that simultaneously heal fragility and vitalize economic activity. The papers in this book offer professional assessments and assistance - especially for policymakers, and present a new direction upon which the Turkish economy - and emerging markets - can progress successfully for a further 15 years.
Download or read book How s Life Measuring Well being written by OECD and published by OECD Publishing. This book was released on 2011-10-12 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book paints a comprehensive picture of well-being in OECD countries and other major economies, by looking at people’s material living conditions and quality of life across the population.
Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Download or read book OECD Economic Outlook Volume 2010 Issue 2 written by OECD and published by OECD Publishing. This book was released on 2010-12-07 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Economic Outlook analyses the current economic situation and examines the economic policies required to foster a sustained recovery in member countries. This issue covers the outlook to end-2012 and includes a special chapter on fiscal consolidation.
Download or read book OECD Economic Outlook Volume 2016 Issue 2 written by OECD and published by OECD Publishing. This book was released on 2016-12-17 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years.
