+612 9045 4394
The Economics of Saving : Evaluation in Education and Human Services - James H. Gapinski

The Economics of Saving

Evaluation in Education and Human Services

By: James H. Gapinski (Editor)

Hardcover Published: 31st December 1992
ISBN: 9780792392569
Number Of Pages: 338

Share This Book:


RRP $628.99
or 4 easy payments of $108.94 with Learn more
Ships in 7 to 10 business days

Other Available Editions (Hide)

  • Paperback View Product Published: 5th December 2010

This book began when a letter reached my desk in November 1989. Written by Warren Samuels, professor of economics at Michigan State University and editor for Kluwer Academic Publishers, the letter reviewed the philosophy behind Kluwer's series on recent economic thought and accordingly expressed interest in the controversies that surround con- temporary topics in the discipline. It graciously went on to invite me to organize, consonant with that philosophy, a volume of chapters on saving. Soon thereafter I learned that the chapters were to be original compositions. I also learned that I would have substantial flexibility in structuring the volume and in recruiting contributors, who logically would be authorities in the field. Succinctly, Samuels was inviting me to work with leading scholars in exploring the current controversies in saving, one of my favorite subjects. That invitation was simply too tempting to refuse. Preparation of the book's outline went smoothly. It was obvious that the statistics of saving should be covered along with the theories of saving. It was equally obvious that special issues must be addressed: Ricardian Equivalence, supply-side doctrine, and economic development among others. These themes should be handled so as to bring out the ideological tensions in the profession, and that criterion helped to shape the list of potential contributors. That is, both sides of a conflict should be represented, and both should be given the same treatment.

List of Tables
List of Figures
Contributing Authors
Questions on the Economics of Savingp. 1
Principal Interrogatories
Saving Profiles
Explaining Saving
Fiscal Deficits and Saving
Ricardian Equivalence
Stagflation, Supply-Side, and Saving
Income Distribution
Growth and Transition
Economic Development
Answers, Harmonies, and Tensions
Toward a Theory of Savingp. 47
The Keynesian Saving Function
Early Saving Function Estimates
Short-Run and Long-Run Behavior
The Relative Income Hypothesis
Saving as a Multiperiod Decision
The Permanent Income Hypothesis
The Life Cycle Hypothesis
A Wealth-Adjustment Model
Saving Functions Using Quarterly Postwar National Income Accounts Data
Error Correction Models
Rational Expectations Models
Inflation and the Saving Function
Commentaryp. 93
Commentaryp. 102
National Saving and the Twin Deficits: Myth and Realityp. 109
The Measurement of Saving
Deficits and the Saving - Investment Identity
U.S. Investment in the Eighties - A Historical Perspective
The Effect of Deficits on Investment - An Empirical Analysis
Appendix: Data Sourcesp. 130
Commentaryp. 134
Commentaryp. 145
Reaganomics, Saving, and the Casino Effectp. 153
Reaganomics and the Supply-Siders
Say's Law Embued with Entrepreneurial Spirit
Truth in Taxes and in Lending
The Measurement of Saving
Keynes Redux
A Business and Household Net Worth Approach
The Casino Effect of T
Commentaryp. 176
Commentaryp. 187
Saving and Distributionp. 193
Main Theories of Saving
Income Distribution Theories
Relationship Between Saving and Income Distribution and the Impact of Policies
Commentaryp. 232
Commentaryp. 239
Increasing the Saving Rate: An Analysis of the Transition Pathp. 241
The Sato Controversy Revisited
Empirical Analysis: A Continuous Time Model
Empirical Analysis: A Discrete Period Simulation Model
The Impact on the Wage of Low-Educated Labor
Commentaryp. 253
Commentaryp. 262
Saving in the Development Processp. 279
Savings and Income in Developing Countries: Data Problems
Saving and Investment: Empirical Evidence on Trends and Determinants
Informal Credit and Insurance Markets
Conclusions and Policy Implications
Commentaryp. 312
Commentaryp. 315
About the Authorsp. 321
Name Indexp. 327
Subject Indexp. 332
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780792392569
ISBN-10: 0792392566
Series: Evaluation in Education and Human Services
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 338
Published: 31st December 1992
Country of Publication: NL
Dimensions (cm): 23.39 x 15.6  x 2.24
Weight (kg): 0.69