Saving in Latin America and Lessons from Europe: An Overview
AbstractThe case studies collected in this volume provide insights into that and other related policy questions by examining what drives saving in Latin America. The studies cover Argentina, Chile, Colombia, Mexico, Peru, Uruguay, and Venezuela and span a variety of topics ranging from assessing the impact of financial liberalization on saving to determining the role of terms of trade shocks. Many of the studies also employ new data sources, that provide a better understanding of the saving patterns of the various agents in the economy--the public sector, firms, and households. All too often past studies have relied on highly aggregated data masking important differences across these sectors. Three of studies analyze the European experience (Italy, Spain, and the United Kingdom) with liberalization and structural reforms and its effects on saving. The aim of these studies is to provide insights as to what Latin American countries can expect in the wake of structural reform.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 6987.
Date of creation: 1999
Date of revision: 1999
financial liberalization; saving; consumption; structural reform;
Find related papers by JEL classification:
- F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
- F0 - International Economics - - General
- E2 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment
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- Lavan Mahadeva & Javier Gómez Pineda, 2009.
"The international cycle and Colombian monetary policy,"
BORRADORES DE ECONOMIA
005406, BANCO DE LA REPÚBLICA.
- Lavan Mahadeva & Javier Gómez Pineda, . "The international cycle and Colombian monetary policy," Borradores de Economia 557, Banco de la Republica de Colombia.
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