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.

Opis bibliograficzny
1. autor: Agenor, Pierre-Richard
Korporacja: World Bank Institute
Kolejni autorzy: Aizenman, Joshua
Format: Książka
Język:English
Wydane: Washington, D.C World Bank [2000]
Seria:Policy research working papers / World Bank 2381
Hasła przedmiotowe:
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.