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Published in 2019 at "Empirical Economics"
DOI: 10.1007/s00181-017-1354-y
Abstract: This paper hypothesises that the saving rate and technological progress are interdependently determined by a common exogenous source, so that an exogenous shock to the saving rate determines long-run growth transitions. In an open-economy setting,…
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Keywords:
saving rate;
rate;
south africa;
investment ... See more keywords
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Published in 2019 at "International Journal of Trade and Global Markets"
DOI: 10.1504/ijtgm.2019.10019498
Abstract: The decision of economic subjects whether to consume or save is determined by different economic, monetary, and demographic factors. The paper focuses upon personal saving rate of the whole euro area taking into account economic…
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Keywords:
economic demographic;
personal saving;
saving rate;
euro area ... See more keywords