This paper examines the recent saving performance of the Chilean economy in the light of its long-run (1940-96) trends. The first conclusion that can be derived from the data is that most of the increase in private saving ...

This paper revisits the role of business saving in the economy by critically scrutinizing the existing macroeoconomic and corporate finance literatures. We assemble and exploit a broad international, unbalanced panel of ...

The world's average saving rate has declined for the last two decades but country saving rates exhibit a large dispersion, especially in developing regions. While in a small number of developing countries saving has risen ...

In this paper we study the optimal saving problem in the framework of possibility theory. The notion of possibilistic precautionary saving is introduced as a measure of the way the presence of possibilistic risk (represented ...

National savings and growth in Latin America have remained low in the 1990s and 2000s. The low level of national savings rates has forced Latin American countries to depend on foreign savings to finance investment and ...

There is a problem of insufficiency of demand for countries that accept to grow with foreign savings. Although medium-income countries are capital-poor countries, current account deficits (foreign savings) will increase ...