首页> 外文期刊>Journal of Development Economics >Does income inequality raise aggregate saving?
【24h】

Does income inequality raise aggregate saving?

机译:收入不平等提高了储蓄总体吗?

获取原文
获取原文并翻译 | 示例
           

摘要

This paper reviews analytically and empirically the links between income distribution and aggregate saving. Consumption theory brings out a number of direct channels through which income inequality can affect overall household saving -- positively in most cases. However, recent political-economy theory points toward indirect, negative effects of inequality -- through firm investment and public saving -- on aggregate saving. On theoretical grounds, the sign of the saving-inequality link is thereforeambiguous. This paper presents new empirical evidence on the relationship between income distribution and aggregate saving based on a new and improved income distribution database for both industrial and developing countries. The empirical results, using alternative inequality and saving measures and various econometric specifications on both cross-section and panel data, provide no support for the notion that income inequality has any systematic effect on aggregate saving. These findings are consistent with the theoretical ambiguity.
机译:本文通过分析和凭证审查了收入分配与储蓄之间的联系。消费理论带出了许多直接渠道,在大多数情况下,收入不平等可能会影响整体家庭储蓄。但是,近期政治经济学理论对间接,不平等的负面影响 - 通过坚定的投资和公共安全 - 储蓄。在理论场地,节省不等式链路的符号是leatheAled的。本文提出了基于工业和发展中国家的新的和改进的收入分配数据库的收入分配与汇总储蓄关系的新经验证据。经验结果,使用替代不平等和节省措施和各种计量的经济学规范,以及对横截面和面板数据的各种经济规范,不支持收入不平等对储蓄的任何系统影响的概念。这些发现与理论歧义一致。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号