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Author: Burkhard Heer
Publisher:
ISBN:
Category :
Languages : en
Pages : 11
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Book Description
We find that inflation did not unanimously decrease savings in the US during the postwar period. This result is puzzling as it contradicts the implications of most monetary general equilibrium models.
Author: Burkhard Heer
Publisher:
ISBN:
Category :
Languages : en
Pages : 11
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Book Description
We find that inflation did not unanimously decrease savings in the US during the postwar period. This result is puzzling as it contradicts the implications of most monetary general equilibrium models.
Author: Burkhard Heer
Publisher:
ISBN:
Category :
Languages : en
Pages : 5
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Naftaly Mose
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
In the wake of the steep fall in the national savings due to economic shocks, among them the COVID-19 pandemic macroeconomic consequences, this study examines to what extent inflation explains the variation in the saving behavior in developing countries. Most past empirical studies investigated the role of inflation on savings only in advanced nations. The current study will investigate the effect of inflation on savings culture in Kenya. To determine how inflation explains saving, the study uses the ordinary least squares(OLS) estimation technique. From regression analysis findings, savings are positively related to inflation, economic growth, and interest rate. In contrast, consumption expenditure is negatively related to national savings. From estimation results, in Kenya, high inflation will stimulate further growth in the national savings. This finding is puzzling as it contradicts the implications of most monetary general equilibrium models. Expansionary inflation result implies that the central bank should vitalize inflation, to promote a higher saving culture in Kenya.
Author: Klaus Schmidt-Hebbel
Publisher: World Bank Publications
ISBN: 9780821338520
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
World Bank Technical Paper No. 349. The Bank's approach to water resources development has shifted from one of construction activities to one of improved management quality, creating a new generation of water-related projects and the need for new evaluation procedures. This paper addresses the methodology for economic evaluation of this new group of projects and draws on the experience of the recently approved Mexico Water Resources Management project.
Author: Vizhdan Boranova
Publisher: International Monetary Fund
ISBN: 1513521276
Category : Business & Economics
Languages : en
Pages : 40
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Book Description
Wages have been rising faster than productivity in many European countries for the past few years, yet signs of underlying consumer price pressures remain limited. To shed light on this puzzle, this paper examines the historical link between wage growth and inflation in Europe and factors that influence the strength of the passthrough from labor costs to prices. Historically, wage growth has led to higher inflation, but the impact has weakened since 2009. Empirical analysis suggests that the passthrough from wage growth to inflation is significantly lower in periods of subdued inflation and inflation expectations, greater competitive pressures, and robust corporate profitability. Thus the recent pickup in wage growth is likely to have a more muted impact on inflation than in the past.
Author: Margrit Kennedy
Publisher: Stranger Journalism
ISBN: 0964302500
Category : Business & Economics
Languages : en
Pages : 57
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Book Description
Publisher: Inbook; Rev Sub edition (March 1995)Language: EnglishISBN-10: 0964302500ISBN-13: 978-0964302501
Author: World Bank
Publisher: World Bank Publications
ISBN: 1464813604
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
The World Bank Group has two overarching goals: End extreme poverty by 2030 and promote shared prosperity by boosting the incomes of the bottom 40 percent of the population in each economy. As this year’s Poverty and Shared Prosperity report documents, the world continues to make progress toward these goals. In 2015, approximately one-tenth of the world’s population lived in extreme poverty, and the incomes of the bottom 40 percent rose in 77 percent of economies studied. But success cannot be taken for granted. Poverty remains high in Sub- Saharan Africa, as well as in fragile and conflict-affected states. At the same time, most of the world’s poor now live in middle-income countries, which tend to have higher national poverty lines. This year’s report tracks poverty comparisons at two higher poverty thresholds—$3.20 and $5.50 per day—which are typical of standards in lower- and upper-middle-income countries. In addition, the report introduces a societal poverty line based on each economy’s median income or consumption. Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle also recognizes that poverty is not only about income and consumption—and it introduces a multidimensional poverty measure that adds other factors, such as access to education, electricity, drinking water, and sanitation. It also explores how inequality within households could affect the global profile of the poor. All these additional pieces enrich our understanding of the poverty puzzle, bringing us closer to solving it. For more information, please visit worldbank.org/PSP
Author: Maria Brouwer
Publisher: University of Michigan Press
ISBN: 9780472102549
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
Combines Schumpeter's theory and modern economics to give a new view of innovation in small and large firms
Author: L. Guiso
Publisher: Palgrave Macmillan
ISBN: 9781349509492
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
The past decade has been a time of drastic developments, both in financial markets and in related academic research. Among the most striking developments are the expanded stockholder base, the increased popularity of mutual funds among households, and the growing importance of private pension funds. Developments in Europe mirror to a large extent the spread of equity culture in the United States, but with lower levels of involvement and interesting differences across European countries. This book, intended for a wide audience of students, practitioners, and policy makers, provides the theoretical and methodological background necessary for analysis of stockholding behaviour, and presents empirical studies that use the most comprehensive household-level databases to identify determinants of stockholding in five major European countries.
