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        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia
        Solow in Transition: Macro and Micro Determinants of Savings in Armenia

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        Solow in Transition: Macro and Micro Determinants of Savings in Armenia

        ABSTRACT

        This paper analyzes and reconciles macro and micro evidence on savings and factors that affect savings, as well as possible policy implications. At the aggregate level, the main question is how savings are affected by growth and macroeconomic policies and variables (fiscal policy, exchange rate, for example) and the breadth of financial markets. Some of these macro determinants can be reconciled with microeconomic evidence of the savings behavior of households. Using macroeconomic quarterly data and household survey data, the analysis explores the determinants of the savings rate at the macroeconomic and microeconomic levels, using the typical econometric models used in the literature (long-term co-in ....read more

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        • TypeReport, Research Paper
        • PriceFree
        • FormatPDF
        • Size748 KB
        • LanguageEnglish
        • Stacks0
        • Postedalmost 4 years ago
        • Authored-
        • Added byHashdoc Content Review
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