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The Effects of Interest Rates on Savings in Developing Countries

Bela Balassa
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Bela Balassa: The Johns Hopkins University

Chapter 8 in Policy Choices for the 1990s, 1993, pp 242-258 from Palgrave Macmillan

Abstract: Abstract This chapter reviews available evidence on the effects of interest rates on savings. While it focuses on developing countries, the chapter also reports on recent work on the interest elasticity of savings in the United States that has relevance for the interpretation of the developing-country results.

Keywords: Interest Rate; Percent Level; Real Interest Rate; Policy Choice; Real Rate (search for similar items in EconPapers)
Date: 1993
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13033-7_8

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DOI: 10.1007/978-1-349-13033-7_8

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