Economisirea în România – evoluţii şi factori determinanţi

Savings in Romania - developments and fundamentals

Ionut Dumitru (dumitruionut@yahoo.com), Romulus Mircea and Jianu (Dumitru), Ionela
Authors registered in the RePEc Author Service: Ionela Jianu (Dumitru) (ionela_jianu@yahoo.com)

MPRA Paper from University Library of Munich, Germany

Abstract: The paper analyses the savings developments in Romania during transition in comparison with the other CEE countries, starting from the definition of savings from the national accounts. Moreover, saving analysis is performed by institutional sectors, especially for population and nonfinancial companies sectors. Also, the paper assesses the impact of savings on the financial balance sheets of population and companies. Using panel data covering 60 countries for 1980-2009 period, the paper is estimating some quantitative models for saving and its fundamentals. The models which are based on GMM methodology are used afterwards to assess the long term outlook of savings for Romania as well for other countries.

Keywords: private savings; panel data; Ricardian equivalence; disposable income; impact of ageing (search for similar items in EconPapers)
JEL-codes: C23 E01 E21 E62 F21 (search for similar items in EconPapers)
Date: 2011-02-20
New Economics Papers: this item is included in nep-mac and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/29027/1/MPRA_paper_29027.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:29027

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter (winter@lmu.de).