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.

Bibliografski detalji
Glavni autor: Agenor, Pierre-Richard
Autor kompanije: World Bank Institute
Daljnji autori: Aizenman, Joshua
Format: Knjiga
Jezik:English
Izdano: Washington, D.C World Bank [2000]
Serija:Policy research working papers / World Bank 2381
Teme:
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.