Financialisation research has originally focussed on the US experience, but the concept is
now increasingly applied to emerging economies (EMEs). There is a rich literature stressing …

This article reviews the current state of knowledge on the determinants of saving rates,
presenting the main findings and contributions of the recently completed World Bank …

We collect 2735 estimates of the elasticity of intertemporal substitution in consumption from
169 published studies that cover 104 countries during different time periods. The estimates …

The question of whether higher–lifetime income households save a larger fraction of their
income was the subject of much debate in the 1950s and 1960s, and while not resolved, it …

The global financial crisis triggered severe shocks for developing countries, whose embrace
of greater commercial and financial openness has increased their exposure to external …

I examine 2,735 estimates of the elasticity of intertemporal substitution in consumption (EIS)
reported in 169 published studies. The literature shows strong selective reporting …

AFRICA, S DEVELOPMENT CRISIS is unique. Not only is Africa the poorest region in the
world, but it was also the only major developing region with negative growth in income per …

A broad set of possible determinants of private saving behavior is examined using data for a
large sample of industrial and developing countries. Both time-series and crosssectional …

This paper presents a theoretical and empirical assessment of the determinants of savings
rates, with special emphasis on Latin American savings rates. The study is based on …

In estimating, the intertemporal elasticity of substitution, Hall finds that, when one takes
account of time aggregation, point estimates are small and not significantly different from …