01717cas a2200241 a 4500 AALejournalIMF001033 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451855036 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Neglected Heterogeneity and Dynamics in Cross-Country Savings Regressions. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (37 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that neglecting heterogeneity and dynamics can lead to misleading inferences about the key determinants of savings behavior. The results indicate that among the many variables considered in the literature only the fiscal variables-the general government surplus as a proportion of GDP and the ratio of government consumption to GDP-are important determinants of private savings rates in the industrial countries in the post-World War II period. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1999/128 Full text available on IMF http://elibrary.imf.org/view/journals/001/1999/128/001.1999.issue-128-en.xml IMF e-Library