000 04272nam a22004933i 4500
001 EBC1899709
003 MiAaPQ
005 20181121174956.0
006 m o d |
007 cr cnu||||||||
008 181113s2014 xx o ||||0 eng d
020 _a9781498303132
_q(electronic bk.)
020 _z9781475545517
035 _a(MiAaPQ)EBC1899709
035 _a(Au-PeEL)EBL1899709
035 _a(CaPaEBR)ebr11001050
035 _a(CaONFJC)MIL682303
035 _a(OCoLC)896196162
040 _aMiAaPQ
_beng
_erda
_epn
_cMiAaPQ
_dMiAaPQ
050 4 _aHC79.S3 -- .G75 2014eb
082 0 _a339.43
100 1 _aGrigoli, Francesco.
245 1 0 _aWorld Saving.
264 1 _aWashington :
_bInternational Monetary Fund,
_c2014.
264 4 _c©2014.
300 _a1 online resource (56 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aIMF Working Papers ;
_vv.Working Paper No. 14/204
505 0 _aCover -- Contents -- Abstract -- I. Introduction -- II. Private Saving Determinants -- III. Data and Stylized Facts -- A. Sources and Construction -- B. Stylized Facts -- IV. Empirical Strategy -- V. Results -- A. Baseline Specification -- B. Alternative Specifications -- C. Time Periods and Country Groups -- D. National Saving -- E. Household and Corporate Saving -- VI. Conclusions -- Appendix I. Data -- A. Concept Construction and Variable Generation -- B. Data Replacement, Splicing, and Augmentation -- C. Dataset Cleaning -- Appendix II. Country Groups -- Appendix III. Contributions -- Tables -- 1. Determinants of Private Saving in Previous Studies -- 2. Descriptive Statistics -- 3. Correlation Matrix of Core Private Saving Determinants -- 4. Determinants of Private Saving, Different Estimators -- 5. Determinants of Private Saving, Additional Explanatory Variables -- 6. Determinants of Private Saving, Interactions -- 7. Determinants of National Saving, Alternative Estimators -- 8. Determinants of Household and Corporate Saving, Baseline Specification -- 9. Determinants of Household and Corporate Saving, Additional Explanatory Variables -- A1. List of Countries -- Figures -- 1. World Saving Rates, 1981-2012 -- 2. World Private Saving Rates, 1981-2012 -- 3. Pairwise Panel Correlations -- A1. Average Contributions of the Fitted Values -- References.
520 _aThis paper presents new evidence on the behavior of saving in the world, by extending previous empirical research in five dimensions. First, it is based on a very large and recent database, covering 165 countries from 1981 to 2012. Second, it conducts a robustness analysis across different estimation techniques. Third, the empirical search is expanded by including potential saving determinants identified by theory but not previously considered in the empirical literature. Fourth, the paper explores differences in saving behavior nesting the 2008-10 crisis period and four different country groups. Finally, it also searches for commonalities and differences in behavior across national, private, household, and corporate saving rates. The results confirm in part existing research, shed light on some ambiguous or contradictory findings, and highlight the role of neglected determinants. Compared to the literature, we find a larger number of significant determinants of saving rates, using different estimators, for different periods and country groups, and for different saving aggregates.
588 _aDescription based on publisher supplied metadata and other sources.
590 _aElectronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
650 0 _aConsumption (Economics).
650 0 _aSaving and investment.
650 0 _aSavings accounts.
655 4 _aElectronic books.
700 1 _aHerman, Alexander.
700 1 _aSchmidt-Hebbel, Klaus.
776 0 8 _iPrint version:
_aGrigoli, Francesco
_tWorld Saving
_dWashington : International Monetary Fund,c2014
_z9781475545517
797 2 _aProQuest (Firm)
830 0 _aIMF Working Papers
856 4 0 _uhttps://ebookcentral.proquest.com/lib/buse-ebooks/detail.action?docID=1899709
_zClick to View
999 _c128793
_d128793