Private saving, interest rates and liquidity constraints in LDCs: recent evidence

References

• Campbell , J. Y. and Mankiw , G. 1989 . “ Consumption, income and interest rates: reinterpreting the time series evidence ” . In Macroeconomics Annual , Edited by: Blanchard , O. and Fisher , S. Cambridge , MA : NBER, MIT Press .
   Google Scholar
• Campbell , J. Y. and Mankiw , G. 1991 . The response of consumption to income . A cross-country investigation, European Economic Review , 35 : 723 – 767 .
   Google Scholar
• Corbo , V. and Schmidt-Hebbel , K. 1991 . Public policies and saving in developing countries . Journal of Development Economics , 36 : 89 – 115 .
   Web of Science ®Google Scholar
• Deaton , A. Saving in developing countries: theory and review . Proceedings of the World Bank Annual Conference on Development Economics . pp. 61 – 96 . The World Bank .
   Google Scholar
• Fry , M. 1988 . Money, Interest and Banking in Economic Development , The John Hopkins University Press .
   Google Scholar
• Gersovitz , M. 1988 . Saving and development, in Handbook of Development Economics , Edited by: Chenery , H. and Srinivasan , T. N. vol. 1 , Amsterdam : Elsevier .
   Google Scholar
• Hansen , L. P. and Singleton , K. 1983 . Stochastic consumption, risk aversion and the temporal behavior of asset return . Journal of Political Economy , 91 : 249 – 265 .
   Web of Science ®Google Scholar
• Haque , N. U. and Montiel , P. 1989 . Consumption in developing countries: test for liquidity constraints and finite horizons . The Review of Economics and Statistics , 71 : 408 – 415 .
   Web of Science ®Google Scholar
• Japelli , T. and Pagano , M. 1989 . Consumption and capital market imperfections . An international comparison, American Economic Review , 79 : 1088 – 1105 .
   Web of Science ®Google Scholar
• Raut , L. K. and Virmani , A. 1990 . Determinants of consumption and savings behavior in developing counties . The World Bank Economic Review , 3 : 379 – 393 .
   Web of Science ®Google Scholar
• Rossi , N. 1988 . Government spending, the real interest rate, and the behavior of liquidity constrained consumers in developing countries , 104 – 148 . Washington , DC : IMF Staff Papers, IMF .
   Google Scholar
• Villagómez , A. 1994 . Aggregate consumption, interest rates and inflation in LDCs: an error correction model . Journal of Development Studies , 31 : 157 – 178 .
   Web of Science ®Google Scholar