This paper provides evidence on the effects of interest rates on savings in developing countries. While the evidence is not conclusive, time-series estimates for individual countries as well as cross-section and time-series estimates for a number of countries point to the positive effects of interest rates on savings. At the same time, a variety of factors may have reduced the statistical significance of the estimates. The author points out that estimates...
انظر المزيد
تفاصيل
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1989/9/30
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ورقة عمل خاصة ببحوث السياسات
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WPS56
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1
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1
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2010/7/01
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The effects of interest rates on savings in developing countries
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interest elasticity of savings