Does productivity growth boost savings? Causal evidence from transition episodes.

We introduce a novel approach to uncovering causation by exploiting transition episodes in aggregate macroeconomic data. Using a panel of 132 countries over 1961–2017, we identify twenty-six productivity-growth and forty savings transitions, episodes characterized by sudden, persistent, and unpredic...

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Detalles Bibliográficos
Publicado en:Oxford Economic Papers Vol. 78; no. 2; pp. 511 - 540
Autores principales: Kumar, Abhishek, Mallick, Sushanta, Sen, Kunal
Formato: Artículo
Publicado: Oxford University Press / USA Apr2026
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Acceso en línea:Ver este registro en EBSCOhost