The long-run behavior and short-run dynamics of private savings in Morocco
The paper examines the trend in private savings in Morocco in the presence of financial sector development by utilizing a cointegration and error-correction modeling framework. Specifically, the hypothesis that there is stable relationship between the level of private savings and its determinants in...
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Veröffentlicht in: | Savings and development |
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
2003
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Zusammenfassung: | The paper examines the trend in private savings in Morocco in the presence of financial sector development by utilizing a cointegration and error-correction modeling framework. Specifically, the hypothesis that there is stable relationship between the level of private savings and its determinants including a measure of financial reform is investigated. The statistical results provide evidence in favor of a long-run relationship between private savings and most of its determinants. (DSE/DÜI) |
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Beschreibung: | graph. Darst |
ISSN: | 0393-4551 |