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9780521023313

The Economics of Saving And Growth

by
  • ISBN13:

    9780521023313

  • ISBN10:

    0521023319

  • Format: Paperback
  • Copyright: 2006-01-30
  • Publisher: Cambridge University Press

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Summary

Saving rates display great variation across countries and over time. They are also closely related to growth performance. This volume provides a state-of-the-art account of key variables, institutions and policies that determine saving. Drawing from a systematic exploration of the existing literature, the collection summarizes current knowledge about cross-country saving trends, the relation between saving and growth, the impact of financial policies and institutions on saving, the effect of foreign resource inflows on saving, and the links between income distribution and aggregate saving.

Table of Contents

List of Contributors
vii
Foreword ix
Joseph Stiglitz
Introduction
1(5)
Klaus Schmidt-Hebbel
Luis Serven
Saving in the World: The Stylized Facts
6(27)
Klaus Schmidt-Hebbel
Luis Serven
Saving and Growth
33(38)
Angus Deaton
Financial Policies and Saving
71(36)
Patrick Honohan
Foreign Resource Inflows, Saving, and Growth
107(40)
Maurice Obstfeld
Aggregate Saving and Income Distribution
147(42)
Klaus Schmidt-Hebbel
Luis Serven
Index 189

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