Homogeneous Preferences and Heterogeneous Growth Performance: International Differences in Saving and Investment Behavior
提出一种检验增长理论中偏好同质性假设的方法,并应用于国际储蓄与投资行为,发现各国偏好存在显著异质性。
This paper presents a methodology for testing a standard assumption in growth theory: that preferences are homogeneous across economic agents. The authors apply the methodology in the specific context of international saving and investment behavior. The empirical results provide evidence of considerable heterogeneity of preferences across countries. Copyright 1993 by WWZ and Helbing & Lichtenhahn Verlag AG