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...
| Publicado en: | Oxford Economic Papers Vol. 78; no. 2; pp. 511 - 540 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Oxford University Press / USA
Apr2026
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |