El ahorro y 1a tasa de interes real en los paises en desarrollo
[Saving and the Real Interest Rate in Developing Countries]
AbstractRaising real interest rates has been cited as a way to increase private saving, and thus provide the resources for growth. But this may not be a viable approach in the poorest developing countries in which most people live at subsistence level. In these situations, consumption is not very responsive to fluctuations in real interest rates and financial liberalization my not be the catalyst to higher higher saving rates.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 13733.
Date of creation: Dec 1995
Date of revision:
consumo ahorro tasas de interes liberalizacion financiera;
Find related papers by JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
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