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The Interest Rate Effect on Private Saving: Alternative Perspectives

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NBER2016-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22872
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Using an uneven panel of 135 countries from 1995 to 2014, we investigate the link between interest rates and private saving, and focus on whether the interest rate effect is dominated by the income (i.e., negative) or the substitution (i.e., positive) effect. With the baseline estimation, we find
创建时间:
2016-11-01
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