Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/17827
Full metadata record
DC FieldValueLanguage
dc.creatorStrauß, Hubert M.-
dc.date1999-
dc.date.accessioned2013-10-16T06:56:58Z-
dc.date.available2013-10-16T06:56:58Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/17827-
dc.identifierppn:309474450-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/17827-
dc.descriptionThe paper investigates by means of cointegration analysis whether the recently observed low levels of private saving and the current account balance in the United States are worrisome in the sense that they cannot be sufficiently explained by determinants which performed well in the past. Stock market wealth of private households is taken into account and turns out to be the main dampening factor of private saving during the nineties. Unlike the current account deficit, which reflects low saving, higher growth with respect to the rest of the world and the high dollar, private saving is much lower than predicted by the model in 1999.-
dc.languageeng-
dc.publisherKiel Institute for the World Economy (IfW) Kiel-
dc.relationKieler Arbeitspapiere 963-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectF32-
dc.subjectH31-
dc.subjectE27-
dc.subjectE21-
dc.subjectddc:330-
dc.subjectPrivate Saving-
dc.subjectCurrent Account Balance-
dc.subjectStock Market Wealth-
dc.subjectCointegration-
dc.subjectSparen-
dc.subjectLeistungsbilanz-
dc.subjectZahlungsbilanzungleichgewicht-
dc.subjectWertpapieranlage-
dc.subjectAktienmarkt-
dc.subjectVermögenseffekt-
dc.subjectAufwertung-
dc.subjectWirtschaftswachstum-
dc.subjectSchätzung-
dc.subjectVereinigte Staaten-
dc.titleStock Market Wealth, Private Saving, and the Current Account in the United States: Should We Worry?-
dc.typedoc-type:workingPaper-
Appears in Collections:EconStor

Files in This Item:
There are no files associated with this item.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.