An Empirical Study of Private Saving in Brazil

Detalhes bibliográficos
Autor(a) principal: PAIVA,CLAUDIO
Data de Publicação: 2003
Outros Autores: JAHAN,SARWAT
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista de Economia Política
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572003000100124
Resumo: ABSTRACT This paper provides an empirical analysis of the determinants of private saving in Brazil during 1965-2000. Our estimates indicate that the degree of offset between private and public saving is relatively high, in line with evidence for other Latin American countries, although it may have started to decline in recent years. In any case, fiscal policy is identified as one of the main instruments to promote the much needed increase in national saving in Brazil. Additional support to savings could come from continued financial market reforms and trade diversification.
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spelling An Empirical Study of Private Saving in BrazilPrivate savingspublic savingscrowding outABSTRACT This paper provides an empirical analysis of the determinants of private saving in Brazil during 1965-2000. Our estimates indicate that the degree of offset between private and public saving is relatively high, in line with evidence for other Latin American countries, although it may have started to decline in recent years. In any case, fiscal policy is identified as one of the main instruments to promote the much needed increase in national saving in Brazil. Additional support to savings could come from continued financial market reforms and trade diversification.Centro de Economia Política2003-03-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572003000100124Brazilian Journal of Political Economy v.23 n.1 2003reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31572003-0714info:eu-repo/semantics/openAccessPAIVA,CLAUDIOJAHAN,SARWATeng2020-07-15T00:00:00Zoai:scielo:S0101-31572003000100124Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2020-07-15T00:00Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv An Empirical Study of Private Saving in Brazil
title An Empirical Study of Private Saving in Brazil
spellingShingle An Empirical Study of Private Saving in Brazil
PAIVA,CLAUDIO
Private savings
public savings
crowding out
title_short An Empirical Study of Private Saving in Brazil
title_full An Empirical Study of Private Saving in Brazil
title_fullStr An Empirical Study of Private Saving in Brazil
title_full_unstemmed An Empirical Study of Private Saving in Brazil
title_sort An Empirical Study of Private Saving in Brazil
author PAIVA,CLAUDIO
author_facet PAIVA,CLAUDIO
JAHAN,SARWAT
author_role author
author2 JAHAN,SARWAT
author2_role author
dc.contributor.author.fl_str_mv PAIVA,CLAUDIO
JAHAN,SARWAT
dc.subject.por.fl_str_mv Private savings
public savings
crowding out
topic Private savings
public savings
crowding out
description ABSTRACT This paper provides an empirical analysis of the determinants of private saving in Brazil during 1965-2000. Our estimates indicate that the degree of offset between private and public saving is relatively high, in line with evidence for other Latin American countries, although it may have started to decline in recent years. In any case, fiscal policy is identified as one of the main instruments to promote the much needed increase in national saving in Brazil. Additional support to savings could come from continued financial market reforms and trade diversification.
publishDate 2003
dc.date.none.fl_str_mv 2003-03-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
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dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572003000100124
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572003000100124
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/0101-31572003-0714
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Centro de Economia Política
publisher.none.fl_str_mv Centro de Economia Política
dc.source.none.fl_str_mv Brazilian Journal of Political Economy v.23 n.1 2003
reponame:Revista de Economia Política
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repository.name.fl_str_mv Revista de Economia Política - EDITORA 34
repository.mail.fl_str_mv ||cecilia.heise@bjpe.org.br
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