Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/18129
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Stephan, Sabine | en |
dc.contributor.author | Schrooten, Mechthild | en |
dc.date.accessioned | 2009-01-28T15:39:34Z | - |
dc.date.available | 2009-01-28T15:39:34Z | - |
dc.date.issued | 2003 | - |
dc.identifier.uri | http://hdl.handle.net/10419/18129 | - |
dc.description.abstract | After the collapse in early transition years, saving rates in Eastern European EU-accession countries have recovered strongly. Is private saving in these countries now driven by the same forces as in the EU? A GMM estimator is applied to analyze the determinants of private saving in both country groups. Main results are: saving rates are persistent; income growth increases saving, whereas public saving crowds out private saving. Domestic saving and foreign capital operate as substitutes. Long-run effects of income growth and public saving are larger in the EU than in the candidate countries, indicating that saving behavior in the EU is determined to a larger extent by long-run perspectives than in the candidate countries. | en |
dc.language.iso | eng | en |
dc.publisher | |aDeutsches Institut für Wirtschaftsforschung (DIW) |cBerlin | en |
dc.relation.ispartofseries | |aDIW Discussion Papers |x372 | en |
dc.subject.jel | C33 | en |
dc.subject.jel | E21 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Dynamic panel data model | en |
dc.subject.keyword | private savings | en |
dc.subject.keyword | Eastern European EU-accession countries | en |
dc.subject.keyword | GMM estimator | en |
dc.subject.stw | Sparen | en |
dc.subject.stw | Einkommenshypothese | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Vergleich | en |
dc.subject.stw | Osteuropa | en |
dc.subject.stw | EU-Staaten | en |
dc.title | Private Savings in Eastern European EU-Accession Countries : Evidence From a Dynamic Panel Data Model | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 850977282 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:diw:diwwpp:dp372 | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.