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Inflation and the Savings Ratio Across Countries

Thirlwall, A.P. (1974) Inflation and the Savings Ratio Across Countries. Journal of Development Studies, 10 (2). pp. 154-174. ISSN 0022-0388. (doi:10.1080/00220387408421482) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:60460)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided.
Official URL:
http://dx.doi.org/10.1080/00220387408421482

Abstract

Using cross section data, the paper develops and tests the hypothesis that the savings ratio is positively related to the rate of domestic inflation as long as inflation is mild, but negatively related if inflation is excessive. ‘Optimum’ rates for inflation can be derived, but the point estimates in many samples are not significantly different from zero. The model developed tries to capture any distorting effect that foreign capital inflows may have on the inflation?saving relation, and also tries to distinguish the inflation hypothesis from other traditional hypotheses such as the life?cycle hypothesis and the Keynesian ‘absolute’ income hypothesis.

Item Type: Article
DOI/Identification number: 10.1080/00220387408421482
Additional information: Unmapped bibliographic data: LA - English [Field not mapped to EPrints] J2 - J. Dev. Stud. [Field not mapped to EPrints] AD - University of Kent, Canterbury, United Kingdom [Field not mapped to EPrints] DB - Scopus [Field not mapped to EPrints] M3 - Article [Field not mapped to EPrints]
Divisions: Divisions > Division of Human and Social Sciences > School of Economics
Depositing User: Anthony Thirlwall
Date Deposited: 22 Feb 2017 12:24 UTC
Last Modified: 16 Nov 2021 10:24 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/60460 (The current URI for this page, for reference purposes)

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