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E-book
Author Grigoli, Francesco, author.

Title Saving in Latin America and the Caribbean : performance and policies / prepared by Francesco Grigoli, Alexander Herman, and Klaus Schmidt-Hebbel
Published [Washington, D.C.] : International Monetary Fund, ©2015

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Description 1 online resource (41 pages) : illustrations (some color)
Series IMF working paper, 1018-5941 ; WP/15/108
IMF working paper ; WP/15/108.
Summary This paper analyzes saving patterns and determinants in Latin America and the Caribbean (LAC), including key policy variables and regimes. The review of previous empirical studies on LAC saving reveals contradictions and omissions. This paper presents empirical results of an extensive search of determinants of private and public saving rates, adding previously neglected variables (including different measures of key external prices and macroeconomic policy regimes), in linear form and in interactions with other saving determinants. It analyzes statistical differences in saving determinants between LAC and the rest of the world in a nested econometric framework, and discusses differences across three country subgroups within LAC. The results highlight commonalities and differences in saving behavior between LAC and other world regions, as well as within LAC, identifying the role of key policy variables and regimes.--Abstract
Notes "May 2015."
"Western Hemisphere Department."
Bibliography Includes bibliographical references (pages 37-40)
Notes Online resource; title from pdf title page (IMF.org Web site, viewed May 19, 2015)
Subject Consumption (Economics) -- Latin America
Saving and investment -- Latin America
Consumption (Economics) -- Caribbean Area
Saving and investment -- Caribbean Area
Consumption (Economics)
Saving and investment
Caribbean Area
Latin America
Form Electronic book
Author Herman, Alexander (Alexander Noah)
Schmidt-Hebbel, Klaus.
International Monetary Fund. Western Hemisphere Department.
ISBN 1513538160
9781513538167