Disaggregated savings. Some implications for a capital-based macroeconomic framework-Reference-Cited by-同舟云学术

Disaggregated savings. Some implications for a capital-based macroeconomic framework

Published:2023-04-21 Issue:88 Volume:42 Page:
ISSN:2248-4337
Container-title:Cuadernos de Economía
language:
Short-container-title:Cuad. Econ.

Author:

Martínez Fernández Ignacio,Alonso Neira Miguel Ángel,Palma Martos Luis

Abstract

As Bagus and Howden (2010) highlighted, one of the paths to achieve a more fruitful understanding of the business cycle involves examining saving as a heterogeneous analytical category. The aim of this paper is to continue this line of inquiry using the capital-based framework developed by Garrison (2001). This paper contributes to the literature by studying the impact of heterogenous savings on economic growth and business cycles in a capital-based macroeconomics framework. With this aim the implications of disaggregated saving is analysed by means of the differential market signals that are generated by cash-build savings (Pătruți, 2017) and loanable funds accessible through the credit markets.

Publisher

Universidad Nacional de Colombia

Subject

General Economics, Econometrics and Finance,Social Sciences (miscellaneous),Arts and Humanities (miscellaneous)

Reference20 articles.

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