| Schmidt-Hebbel,
Klaus and Servén, Luis (eds.) Foreword by
Joseph Stiglitz
Saving rates display great
variation across countries and over time. They
are also closely related to growth performance.
This volume provides a state-of-the-art account
of key variables, institutions and policies that
determine saving. Drawing from a systematic
exploration of the existing literature, the
collection summarizes current knowledge about
cross-country saving trends, the relation
between saving and growth, the impact of
financial policies and institutions on saving,
the effect of foreign resource inflows on
saving, and the links between income
distribution and aggregate saving.
CONTENTS
Foreword; Chapter 1;
Introduction; Chapter 2; Saving in the World:
The Stylized Facts; Chapter 3; Saving and
Growth; Chapter 4; Financial Policies and
Saving; Chapter 5; Foreign Resource Inflows,
Saving, and Growth; Chapter 6; Aggregate Saving
and Income Distribution;
CONTRIBUTORS
Klaus Schmidt-Hebbel, Luis
Servén, Angus Deaton,
Patrick Honohan, Maurice Obstfeld |
