Economics Dictionary of ArgumentsHome![]() | |||
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Savings rate: The savings rate in economics is the percentage of income that households or a nation save rather than spend on consumption. It is calculated as (Savings ÷ Income) × 100. A higher savings rate boosts investment and economic growth, while a lower rate indicates higher consumption. It varies by country and economic conditions. See also Saving, Investments, Consumption, Growth._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Neoclassical Economics on Savings Rate - Dictionary of Arguments
Bofinger I 44 Saving/investment/NeoclassicalsVsKeynesianism/Krämer: A central line of conflict between neoclassicals and Keynesians is, for example, the direction of action between saving and investment. KeynesianismVsNeoclassicals: Keynes assumed that investment decisions are autonomous and that this determines the level of savings in an economy. Neoclassicists take the opposite view. >Neoclassicals, >Keynesianism, >Keynes, >Saving, >Investments. Hagen Krämer. 2015. „Make no mistake, Thomas! Verteilungstheorie und Ungleichheitsdynamik bei Piketty“. In: Thomas Piketty und die Verteilungsfrage. Ed. Peter Bofinger, Gustav A. Horn, Kai D. Schmid und Till van Treeck. 2015._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Neoclassical Economics Bofinger II Peter Bofinger Monetary Policy: Goals, Institutions, Strategies, and Instruments Oxford 2001 |
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