Saving and the Accumulation of Wealth : Essays on Italian Household and Government Saving Behavior
Book Details
Format
Hardback or Cased Book
ISBN-10
0521452082
ISBN-13
9780521452083
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Mar 25th, 1994
Print length
428 Pages
Weight
765 grams
Dimensions
23.60 x 16.10 x 2.90 cms
Product Classification:
Macroeconomics
Ksh 20,900.00
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Taking Italy as their field of research, the contributors conduct a coherent analysis of households' saving behaviour. They emphasize the roles of capital markets, private and government transfers and their interactions, as well as shifting demographic patterns, in shaping consumption decisions. The book also offers evidence on such controversial issues as bequests and precautionary saving.
The evolution of private saving and its interaction with government fiscal policy play an important and complex role in the development of the national economy. To gain insight into this process, it is imperative that we improve our understanding of the savings behaviour of individual households and of the ways in which they aggregate over the entire population to produce national saving. Italy provides an ideal laboratory in which to assess the impact of government and private transfer, imperfections in the capital markets, productivity growth and shifting demographic patterns on the saving behavior of individual households and on their aggregation into total private saving. The book draws on the Italian experience and data, and offers findings on many aspects of the process of saving determination.
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