Household Savings and Income Distribution in Mexico
Following the 1994 financial crisis, the rate of saving of the Mexican economy fell from 21. 7 percent to 19. 8 percent of GDP. The decline was associated with a reduction in the rate of external saving from 6. 9 to 0. 5 percent between 1994 and 1995. The overall reduction was not more dramatic because it was almost fully compensated by an increase in private saving from 11. 3 percent to 15 percent of GDP during these years.
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- Orazio P. Attanasio & Hilary Williamson Hoynes, 2000.
"Differential Mortality and Wealth Accumulation,"
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"Saving and Growth: Another Look at the Cohort Evidence,"
182, Princeton, Woodrow Wilson School - Development Studies.
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"Humps and Bumps in Lifetime Consumption,"
Journal of Business & Economic Statistics,
American Statistical Association, vol. 17(1), pages 22-35, January.
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- Orazio P. Attanasio & James Banks & Costas Meghir & Guglielmo Weber, 1995. "Humps and Bumps in Lifetime Consumption," NBER Working Papers 5350, National Bureau of Economic Research, Inc.
- Richard Blundell & Ian Preston, 1997.
"Consumption, inequality and income uncertainty,"
IFS Working Papers
W97/15, Institute for Fiscal Studies.
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