Why Did Colombian Private Saving Decline In The Early 1990s
Download Why Did Colombian Private Saving Decline In The Early 1990s full books in PDF, epub, and Kindle. Read online free Why Did Colombian Private Saving Decline In The Early 1990s ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : Alejandro López |
Publisher | : World Bank Publications |
Total Pages | : 40 |
Release | : 1999 |
Genre | : |
ISBN | : |
Download Why Did Colombian Private Savings Decline in the Early 1990s? Book in PDF, Epub and Kindle
January 1997 The sharp drop in private savings in the 1990s in Colombia can be attributed to a decline in private disposable income and, to a lesser extent, to growth in consumption. The sharp drop in private savings in the 1990s in Colombia can be attributed to a decline in private disposable income and, to a lesser extent, to growth in consumption. The permanent decline in private disposable income in Colombia between 1950 and 1990 is closely linked to tax increases. This trend was accentuated in the early 1990s by a reduction in corporations' gross operating surplus. Contrary to the usual hypothesis, López shows that in the 1990s private consumption had a relatively minor effect on national savings. He highlights two findings: * Private consumption's recent behavior can hardly be called a boom. It declined throughout the second half of the 1980s before finally showing an upturn in 1992 equivalent to 2 percent of gross national product. * Consumption of durable goods after trade reform cannot be blamed for the decline in private savings. In fact, savings began falling in 1988 and, until 1993, trade reform did not cause a stock adjustment of durable goods. This paper - a product of the Macroeconomics and Growth Division, Policy Research Department - is part of a larger effort in the department to assess the determinants of saving.
Author | : Alejandro López Mejía |
Publisher | : World Bank Publications |
Total Pages | : 40 |
Release | : 1997 |
Genre | : Saving and investment |
ISBN | : |
Download Why Did Colombian Private Saving Decline in the Early 1990s? Book in PDF, Epub and Kindle
Author | : Alejandro LoÌ pez MejiÌ a |
Publisher | : |
Total Pages | : 34 |
Release | : 1997 |
Genre | : Saving and investment |
ISBN | : |
Download Why Did Colombian Private Saving Decline in the Early 1990s? Book in PDF, Epub and Kindle
Author | : Alejandro Lopez |
Publisher | : |
Total Pages | : 40 |
Release | : 2016 |
Genre | : |
ISBN | : |
Download Why Did Colombian Private Savings Decline in the Early 1990s? Book in PDF, Epub and Kindle
The sharp drop in private savings in the 1990s in Colombia can be attributed to a decline in private disposable income and, to a lesser extent, to growth in consumption. The sharp drop in private savings in the 1990s in Colombia can be attributed to a decline in private disposable income and, to a lesser extent, to growth in consumption. The permanent decline in private disposable income in Colombia between 1950 and 1990 is closely linked to tax increases. This trend was accentuated in the early 1990s by a reduction in corporations` gross operating surplus.Contrary to the usual hypothesis, Lopez shows that in the 1990s private consumption had a relatively minor effect on national savings. He highlights two findings:Private consumption's recent behavior can hardly be called a boom. It declined throughout the second half of the 1980s before finally showing an upturn in 1992 equivalent to 2 percent of gross national product.Consumption of durable goods after trade reform cannot be blamed for the decline in private savings. In fact, savings began falling in 1988 and, until 1993, trade reform did not cause a stock adjustment of durable goods.This paper - a product of the Macroeconomics and Growth Division, Policy Research Department - is part of a larger effort in the department to assess the determinants of saving.
Author | : Alejandro López |
Publisher | : |
Total Pages | : 0 |
Release | : 1997 |
Genre | : |
ISBN | : |
Download Why Did Colombian Private Savings Decline in the Early 1990s? Book in PDF, Epub and Kindle
Author | : Mr.Alejandro Lopez Mejia |
Publisher | : International Monetary Fund |
Total Pages | : 35 |
Release | : 1998-12-01 |
Genre | : Business & Economics |
ISBN | : 1451858477 |
Download Private Saving in Colombia Book in PDF, Epub and Kindle
This paper studies the main determinants of the sharp decline in Colombia’s private saving rate which accompanied the steep deterioration of the country’s external current account deficit in the 1990s. The paper rejects current arguments pointing to a consumption boom and corporate behavior as the main causes of the decline. It concludes that: private consumption, explained mainly by permanent income, has only increased moderately in the 1990s; household behavior—not corporate behavior—determines private saving; and tax increases do not entirely explain the fall of private saving. Thus, reliance on external saving could be reduced by increasing public saving.
Author | : Alejandro Lopez |
Publisher | : |
Total Pages | : 34 |
Release | : 1997 |
Genre | : Ahorro - Colombia |
ISBN | : |
Download Why did Colombian private savings decline in the arly 1990s? Book in PDF, Epub and Kindle
Author | : International Monetary Fund. Western Hemisphere Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 47 |
Release | : 2017-05-31 |
Genre | : Business & Economics |
ISBN | : 1484302184 |
Download Colombia Book in PDF, Epub and Kindle
This Selected Issues paper assesses the monetary policy stance and broad financial conditions in Colombia. It uses a dynamic stochastic general equilibrium model of a small open economy to estimate the neutral rate. A financial conditions index is also constructed to assess overall financial conditions through three different transmission channels (credit, leverage, risk) of the financial sector to the state of the economy. Results reveal that both monetary policy and broad financial conditions in Colombia remained tight in 2016. The results also show that tighter financial conditions could have had a sizable impact on GDP growth.
Author | : John Williamson |
Publisher | : Peterson Institute |
Total Pages | : 204 |
Release | : 1996 |
Genre | : Business & Economics |
ISBN | : 9780881322316 |
Download The Crawling Band as an Exchange Rate Regime Book in PDF, Epub and Kindle
This study examines in detail the experiences of three countries that have in recent years operated exchange rate systems of "crawling bands," similar in spirit to the target zones that the author has recommended in the past. Williamson compares the succcessful experiences of 3 countries that have operated crawling bands with 15 similar countries and concludes that the crawling band exchange-rate policy has been an important element in their success. The study includes a manual for managing crawling bands.
Author | : Mr.Francisco Roch |
Publisher | : International Monetary Fund |
Total Pages | : 18 |
Release | : 2017-08-18 |
Genre | : Business & Economics |
ISBN | : 1484315111 |
Download Housing Finance and Real Estate Markets in Colombia Book in PDF, Epub and Kindle
Colombian house prices have increased significantly between 2005 and 2016. This paper estimates the extent of misalignments in house prices relative to fundamentals and evaluates the overall risk to the economy from the housing sector. The results suggest a moderate house price misalignment relative to fundamentals which is, however, mitigated by housing finance characteristics.