Savings and the terms of trade under borrowing constraints

Savings and the terms of trade under borrowing constraints

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When households face the possibility of borrowing constraints in bad times, favorable movements in the permanent component of the terms of trade may lead to higher rates of private savings.

Podrobná bibliografie
Hlavní autor: Agenor, Pierre-Richard
Korporativní autor: World Bank Institute
Další autoři: Aizenman, Joshua
Médium: Kniha
Jazyk:English
Vydáno: Washington, D.C World Bank [2000]
Edice:Policy research working papers / World Bank 2381
Témata:
Saving and investment.
Terms of trade.
Saving and investment > Africa, Sub-Saharan.
Saving and investment > Africa, Sub-Saharan > Statistics.
Terms of trade > Africa, Sub-Saharan.