全球智库信息集成服务系统(G2TT): Why Aren't Savings Rates in Latin America Procyclical?

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w6502
来源ID	Working Paper 6502
	Why Aren't Savings Rates in Latin America Procyclical?
	Philip R. Lane; Aaron Tornell
发表日期	1998-04-01
出版年	1998
语种	英语
摘要	We document a striking empirical regularity: Latin American savings rates are as a rule substantially less procyclical than for OECD countries and in some cases are actually countercyclical. We build a non-representative agent intertemporal macroeconomic model that rationalizes this phenomenon as the equilibrium outcome of interaction between multiple groups that have common access to aggregate income. We conclude by suggesting that institutional reform may hold the key to improving the cyclical behavior of savings in Latin America.
主题	Development and Growth ; Growth and Productivity ; Environmental and Resource Economics
URL	https://www.nber.org/papers/w6502
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/564021
推荐引用方式 GB/T 7714	Philip R. Lane,Aaron Tornell. Why Aren't Savings Rates in Latin America Procyclical?. 1998.