Publisher Summary This chapter discusses the effect of financial conditions on influence
saving and growth. It presents an empirical test of models of finance in economic …

This paper presents a quantitative estimate of the cost of financial repression in developing
countries. Here, financial repression is interpreted as the technique of holding institutional …

This paper provides emperical evidence on the question of whether savings respond
positively to changes in the real rate of interest in LDCs, exploiting some of the implications …

This paper presents a critical analysis of some of the most recent empirical work on the
interest elasticity of savings in developing economies, supported by a set of empirical …

THE savings rate (marginal or average) is regarded as a key performance indica-tor by
development economists, and foreign aid practitioners admonish their clients to increase …

A unique feature of this study is its use of panel data to construct two measures of permanent
income: An earnings function with unobserved individual differences suggests one measure …

This book, a product of Professor Newlyn's unit in the Economics Department of the
University of Leeds, covers research over a period of some ten years. It has two main …

The tax system is one of the instruments said to be available to translate development policy
objectives into practice. The wide-ranging papers collected together in this volume, first …

The study examines the role of foreign capital and remittance inflows in the domestic
savings of 63 developing countries for 1971–2010, paying attention to likely differential …