IMF Working Papers

Private Saving Accelerations

By Christian H Ebeke

December 15, 2014

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Format: Chicago

Christian H Ebeke. Private Saving Accelerations, (USA: International Monetary Fund, 2014) accessed November 8, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

Domestic private saving rates have been on a declining trend in many Emerging Markets (EMs), raising questions about countries’ ability to generate sufficient domestic resources to finance investment. This paper examines how countries have managed to achieve protracted increases in the private saving rate. The results show that episodes of sustained accelerations of private savings are mostly the result of very strong macroeconomic performance. Econometric investigations using matching estimators do not reject the result that stronger economic growth mostly precedes episodes of saving accelerations.

Subject: Environment, Labor, National accounts, Natural resources, Private investment, Private savings, Public sector savings, Unemployment rate

Keywords: Acceleration episode, Accelerations, Africa, Asia and Pacific, Economic performance, GDP, GDP growth, Global, Growth volatility, Natural resources, Private investment, Private saving, Private savings, Private sector savings, Public sector savings, Public sector savings data, Saving acceleration, Saving transition, Sub-Saharan Africa, Unemployment rate, WP

Publication Details

  • Pages:

    20

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2014/223

  • Stock No:

    WPIEA2014223

  • ISBN:

    9781498368490

  • ISSN:

    1018-5941