The sharp drop in private savings in the 1990s in Colombia can be attributed to a decline in private disposable income and, to a lesser extent, to growth in consumption. The permanent decline in private disposable income in Colombia between 1950 and 990 is closely linked to tax increases. This trend was accentuated in the early 1990s by a reduction in corporations' gross operating surplus. Contrary to the usual hypothesis, the author shows that in...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1997/01/31
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Рабочий документ в рамках исследования вопросов политики
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WPS1713
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1
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1
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2010/07/01
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Why did Colombian private savings decline in the early 1990s?
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private saving