Private Saving and Terms of Trade Shocks : Evidence From Developing Countries

Evidence From Developing Countries

Private Saving and Terms of Trade Shocks : Evidence From Developing Countries
This paper examines the relationship between temporary terms of trade shocks and household saving in developing countries. It is first shown that, from a theoretical standpoint, this relationship is ambiguous: private saving may rise or fall in response to a transitory terms of trade shock, depending on the values of the intertemporal elasticity... READ MORE...

Publication date: October 1991
ISBN 9781451852318
$15.00

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