The authors assess the presence and extent of involuntary savings by comparing the predicted savings rates of market economies with those of the pre-transition economies. On balance, predicted savings rates fell short of actual savings rates, especially for the former Soviet Union and the Baltics -- providing some support for the notion of excessive pre-transition savings. Comparing the savings behavior of market economies and transition economies...
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INFORMATION
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2000/08/31
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Document de travail de recherche sur les politiques
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WPS2419
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1
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1
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2010/07/01
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Disclosed
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The savings collapse during the transition in Eastern Europe
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saving rate
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