The rise of corporate savings

Article OPEN
Roc Armenter;
  • Subject: Corporations ; Corporations - Finance ; Saving and investment

Over the past few decades, several developed economies have experienced large changes in how much households and firms save. In fact, a sharp increase in firms’ savings behavior has changed the net position of the (nonfinancial) corporate sector vis-à-vis the rest of th... View more
  • References (12)
    12 references, page 1 of 2

    “The m acroeconomics of Firms' Savings,” manuscript (2011).

    Gomes, Joao F. “Financing Investment,” American Economic Review, 91:5 (2001), pp.

    Berlin, m itchell. “Debt m aturity: What Do e conomists Say? What Do c Fo s Say?,” Federal Reserve Bank of Philadelphia Business Review (First Quarter 2006).

    Frank, m urray, and Vidhan Goyal. “Tradeoff and Pecking o rder Theories of Debt,” in e spen e ckbo, ed., The Handbook of Empirical Corporate Finance. elsevier, 2008.

    Gao, Huasheng, Jarrad Harford, and Kai Li. “Determinants of c orporate cash Policy: A c omparison of Private and Public Firms,” Working Papers SSRn 1722123 (2010).

    Whited. “Debt Dynamics,” Journal of Finance, 60:3 (2005), pp. 1129-65.

    Prescott. “Taxes, Regulations, and the Value of U.S. and U.K. c orporations,” Review of Economic Studies, 72 (2005), pp. 767-96.

    m iller, m erton. Financial Innovations and Market Volatility. cambridge, m A: Blackwell Publishers, 1991.

    “m anagerial o wnership e ffects on cash Holdings of Private Family Firms,” Working Papers, University of e astern Finland (2010).

    Poterba, James. “Tax Policy and c orporate Saving,” Brookings Papers on Economic Activity, 2 (1987), pp. 454-504.

  • Metrics
Share - Bookmark