Why did Colombian private savings decline in the early 1990s? (English)

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 990 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, the author shows that in...

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Author

Lopez,Mariano Alejandro;
Document Date
1997/01/31
Document Type
Policy Research Working Paper
Report Number
WPS1713
Volume No
1
Total Volume(s)
1
Country
Colombia,
Region
Latin America and Caribbean,
Disclosure Date
2010/07/01
Doc Name
Why did Colombian private savings decline in the early 1990s?
Keywords
private saving

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Citation

Lopez,Mariano Alejandro.

Why did Colombian private savings decline in the early 1990s? (English). Policy, Research working paper ; WPS no. 1713 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/294711468770511966

Why did Colombian private savings decline in the early 1990s? (English)

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