The public-private savings mirror and causality relations among private savings, investment and (twin) deficits: A full modeling approach

Essential to these studies is the use of a “Social Security Wealth” (SSW) variable, created by Martin Feldstein (1974), which defines the present value of future discounted

where PS is total private gross saving, NPS is net saving by private and corporate sector, PD is the provision for depreciation on private sector capital formation, PFT are

Significance of the error correction term in the model D (I t ) shows that there is long run causality from the external debt stock, external debt service, foreign

This paper seeks to analyses public and private investment behavior in Zimbabwe for the period spanning from 1970 to 2007, taking into account the effects of the

Further, the relationship between fatalism and savings depends on individual risk preferences as predicted in the model: fatalism is negative correlated with savings for moderately

The intention of this study was to investigate whether the causal inference between savings and economic growth in Malaysia is sensitive to the particular causality tests employed

The econometric tests undertaken support the view that private sector output, net capital inflows to the private sector, total sources of funds and past capital stock

1998 -2001 yılları ise kamu borç oranı ile özel sektör tasarruf oranının aynı yönde hareket etti i bir dönem olarak görünmektedir.Geni letici mali politikaların