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Savings in Central Eastern Europe

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dc.creator Schrooten, Mechthild
dc.creator Stephan, Sabine
dc.date 2001
dc.date.accessioned 2013-10-16T06:59:01Z
dc.date.available 2013-10-16T06:59:01Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18234
dc.identifier ppn:329787446
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18234
dc.description The paper seeks to add to the existing literature on aggregate and private savings by focusing on transition economies. We use panel data over the period 1989-1998 and estimate a fixed-effects model. In Central Eastern European Countries, aggregate and private savings are driven by almost the same forces – this is the central focus of the paper. The most important factor behind both types of saving is income. Furthermore, it is shown that domestic saving and foreign capital are not operating as substitutes. This is an indicator for the rudimentary integration into the international financial market.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 250
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject G2
dc.subject E21
dc.subject ddc:330
dc.subject Savings
dc.subject transformation
dc.subject panel data
dc.subject Sparen
dc.subject Einkommenshypothese
dc.subject Übergangswirtschaft
dc.subject Schätzung
dc.subject Osteuropa
dc.title Savings in Central Eastern Europe
dc.type doc-type:workingPaper
dc.coverage 1989-1998


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