TY - BOOK ID - 84658647 TI - Saving in Latin America and the Caribbean : Performance and Policies AU - Grigoli, Francesco. AU - Herman, Alexander. AU - Schmidt-Hebbel, Klaus. PY - 2015 SN - 1513533789 1513575368 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Consumption (Economics) -- Caribbean Area. KW - Consumption (Economics) -- Latin America. KW - Saving and investment -- Caribbean Area. KW - Saving and investment -- Latin America. KW - Business & Economics KW - Economic History KW - Macroeconomics KW - Money and Monetary Policy KW - Information Management KW - 'Panel Data Models KW - Spatio-temporal Models' KW - Macroeconomics: Consumption KW - Saving KW - Wealth KW - Fiscal Policies and Behavior of Economic Agents: General KW - Technological Change: Choices and Consequences KW - Diffusion Processes KW - Fiscal Policy KW - Monetary Policy KW - Aggregate Factor Income Distribution KW - Knowledge management KW - Monetary economics KW - Private savings KW - Technology transfer KW - Fiscal rules KW - Inflation targeting KW - Income KW - National accounts KW - Technology KW - Fiscal policy KW - Monetary policy KW - Saving and investment KW - Panama UR - https://www.unicat.be/uniCat?func=search&query=sysid:84658647 AB - This paper analyzes saving patterns and determinants in Latin America and the Caribbean (LAC), including key policy variables and regimes. The review of previous empirical studies on LAC saving reveals contradictions and omissions. This paper presents empirical results of an extensive search of determinants of private and public saving rates, adding previously neglected variables (including different measures of key external prices and macroeconomic policy regimes), in linear form and in interactions with other saving determinants. It analyzes statistical differences in saving determinants between LAC and the rest of the world in a nested econometric framework, and discusses differences across three country subgroups within LAC. The results highlight commonalities and differences in saving behavior between LAC and other world regions, as well as within LAC, identifying the role of key policy variables and regimes. ER -