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.

Dades bibliogràfiques
Autor principal: Agenor, Pierre-Richard
Autor corporatiu: World Bank Institute
Altres autors: Aizenman, Joshua
Format: Llibre
Idioma:English
Publicat: Washington, D.C World Bank [2000]
Col·lecció:Policy research working papers / World Bank 2381
Matèries:
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.