Estabilidade Política, Poupança Privada e Crescimento: Teoria e Evidência / Institutions, Private Savings and Growth: a Political Economy Analysis

AUTOR(ES)
DATA DE PUBLICAÇÃO

24/11/2005

RESUMO

The aim of this research is to show empirically the existence of a positive relationship between political-institutional stability and savings. Firstly, the research will seek the understanding of the microeconomic analysis related with savings decisions departing from a New Institutional Economics approach. It will be considered the up to date literature about the subject. Secondly, It will be made an empirical cross-section test, which will consider developed and underdeveloped economies. The saving determination model will use as an independent variable a property rights satisfaction index (PROP) as one of the independent variables. The basic normative conclusion reinforces the perception that well-defined and enforced property rights are essential to secure the institutional stability necessary to bust savings in the economy.

ASSUNTO(S)

poupança direito de propriedade estabilidade política nova economia institucional

ACESSO AO ARTIGO

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