The Socially Optimal Level of Saving in Australia, 1960-61 to 1994-95

R.S. Guests and Ian McDonald ()

No 526, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: In this paper a model is developed which determines the socially optimal level of saving for a small open economy. The model also determines the socially optimal disposition of saving between domestic capital accumulation and overseas asset accumulation.

Keywords: SAVINGS; AUSTRALIA; WELFARE ECONOMICS; CAPITAL; FINANCIAL MARKET (search for similar items in EconPapers)
JEL-codes: D60 E20 E21 O53 (search for similar items in EconPapers)
Pages: 46 pages
Date: 1996
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Citations: View citations in EconPapers (1)

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Journal Article: The Socially Optimal Level of Saving in Australia, 1960‐61 to 1994‐95 (1998)
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