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1. 1. Aspects of Macroeconomic Saving

   Författare :Johan Adler; Göteborgs universitet; []
   Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Saving; Consumption; Present value model; Capital mobility; Current account; Permanent income hypothesis; Excess sensitivity hypothesis; Tax smoothing hypothesis; Budget policy; Budget deficits; Cointegration; Vector autoregression; Monte Carlo study; Bootstrap;

   Sammanfattning : This thesis deals with various aspects of macroeconomic saving. It consists of an introduction and four self-contained papers. Paper I, "From closed to open door policy: An empirical study of China's international capital mobility, 1958-98," is an empirical application of the open economy permanent income hypothesis (PIH). LÄS MER