Template-Type: ReDIF-Article 1.0

Author-Name: Ricardo N. Bebczuk 
Author-Workplace-Name: Universidad Nacional de La Plata 

Title: Corporate Saving and Financing Decisions in Latin America.

Abstract: This paper studies private saving decisions in La tin America in the 1990s, with special focus on corporate saving. We investigate the puzzling omission of corporate saving in private saving studies, and afterwards we calculate, in several cases for the first time, gross saving and sources of funds of the corporate sector in seven Latin American countries over the period 1990-1996. Also, we conduct a preliminary econometric exploration on the macroeconomic determinants of private and corporate saving, and private investment. Particularly, the effect of capital-market imperfections and the relationship between corporate and personal saving are analyzed. 

Classification-JEL: G32, E21

Journal: Económica
Pages: 37-72
Volume: XLVI
Issue: 2
Year: 2000
Month: July-December

File-URL: https://revistas.unlp.edu.ar/Economica/article/view/8529/7076
File-Format: Application/pdf
Handle: RePEc:akh:journl:513