The effect of net foreign assets on saving rate

Observing empirical data we find that many countries try to delay the decision of increasing saving rate in order to avoid a decrease of the living standards. However the delay leads a deterioration of countries financial stability. We present a simple theoretical model that connects between countri...

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Bibliographic Details
Main Author: Ben David Nissim
Format: Article
Language:English
Published: University Dzon Nezbit 2014-01-01
Series:Megatrend Revija
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2014/1820-31591403167B.pdf