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dc.contributor.authorSchrooten, Mechthilden
dc.contributor.authorStephan, Sabineen
dc.date.accessioned2009-01-28T15:38:58Z-
dc.date.available2009-01-28T15:38:58Z-
dc.date.issued2002-
dc.identifier.urihttp://hdl.handle.net/10419/18042-
dc.description.abstractAfter the collapse in the early years of transition, saving rates in many EU-accession countries have recovered and remained stable during recent years. This may indicate that the transformation process has come to an end with regard to savings. Is saving behaviour in EU-accession countries now driven by the same forces as it is in market economies? We use a panel data set covering the years 1990 to 1999 to estimate fixed-effects models for domestic and private saving ratios. Central findings: saving is highly persistent; income, growth and institutional reforms cause saving to increase, whereas public saving crowds out private saving. Domestic saving and foreign capital are operating as substitutes.en
dc.language.isoengen
dc.publisher|aDeutsches Institut für Wirtschaftsforschung (DIW) |cBerlinen
dc.relation.ispartofseries|aDIW Discussion Papers |x306en
dc.subject.jelC33en
dc.subject.jelP2en
dc.subject.jelE21en
dc.subject.ddc330en
dc.subject.keywordPanel dataen
dc.subject.keywordsavingsen
dc.subject.keywordEU-accession countriesen
dc.subject.keywordtransformationen
dc.subject.stwSparenen
dc.subject.stwÜbergangswirtschaften
dc.subject.stwSchätzungen
dc.subject.stwOsteuropaen
dc.titleBack on track? Savings puzzles in EU-accession countries-
dc.typeWorking Paperen
dc.identifier.ppn849528720en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:diw:diwwpp:dp306en

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