The paper reviews the savings behavior of households from the perspective of developing countries. Though the standard analytical framework used to explain savings in developed countries is still relevant to developing countries, it must be applied with care. Two sets of issues must be given particular attention. One is the role of market imperfections and extra market institutions which have developed to supplement them. The other is the role of...
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DETALHES
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1986/08/01
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Documento de trabalho departamental
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DRD186
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1
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1
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2012/12/13
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Disclosed
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The determinants of savings in developing countries : theory, policy and research issues
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marginal propensity to consume
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