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The Effects of Interest Rates on Savings in Developing Countries

In: Policy Choices for the 1990s

Author

Listed:
  • Bela Balassa

    (The Johns Hopkins University)

Abstract

This chapter reviews available evidence on the effects of interest rates on savings. While it focuses on developing countries, the chapter also reports on recent work on the interest elasticity of savings in the United States that has relevance for the interpretation of the developing-country results.

Suggested Citation

  • Bela Balassa, 1993. "The Effects of Interest Rates on Savings in Developing Countries," Palgrave Macmillan Books, in: Policy Choices for the 1990s, chapter 8, pages 242-258, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13033-7_8
    DOI: 10.1007/978-1-349-13033-7_8
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    Cited by:

    1. Yuekai Cheng & Hongyi Li & Qi Sun & Yu Wang, 2019. "A Model of Household Savings and Alternative Investments in Rural China," Asian Economic Papers, MIT Press, vol. 18(2), pages 145-162, Summer.
    2. Levenko, Natalia, 2020. "Perceived uncertainty as a key driver of household saving," International Review of Economics & Finance, Elsevier, vol. 65(C), pages 126-145.

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