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Econometrics of Growth Ratios Analysis by pedronuno20 is a document available to read on EtoBox.
What is Econometrics of Growth Ratios Analysis about?
This document discusses estimating key ratios in economics using US economic data from 1900-1953. It specifically examines the savings-income ratio, which is the ratio of consumption to national income. The author estimates this ratio in two ways and finds it to be fairly stable at around 0.9, suggesting the savings-income ratio is constant in the long run despite cyclical fluctuations. This stability could simplify economic theory by treating the ratio as a fundamental parameter. The document also outlines
- Author
- pedronuno20
- Language
- EN