Essay on Saving and Consumption

Abstract

This paper treats the stability of two superposed gravitating streams rotating about the axis transverse to the horizontal magnetic field. The critical wave number for instability is found to be affected by rotation for propagation perpendicular to the axis about which the system rotates. The critical wave number for instability is not affected by rotation when waves propagate along the axis of rotation. The critical wave number is affected by both the magnetic field and the streaming velocity in both cases. Both the magnetic field and the rotation are stabilizing, while the streaming velocity is destabilizing.

Evaluating the Efficiency of the Mechanism for Mobilizing Household Savings at the Macro level

“…Потреба мобілізації заощаджень населення висвітлювалась у працях багатьох вчених, які підкреслювали значимість заощаджень для активізації інвестиційної активності [1,16,4,12,14,8], або розкривали макроекономічні наслідки цього процесу [15,5,2,3,13]. У процесі аналізу літературних джерел було з'ясовано, що категорія «заощадження домогосподарств» є системною, оскільки може трактуватися наступним чином: 1) як тип по-ведінки інституційної одиниці (якісна характеристика мікрорівня); 2) як основне фінансове джерело індивідуальних інвестицій (кількісний аспект мікрорівня); 3) як макроекономічна змінна (кількісний аспект макрорівня).…”

An Analysis of the Determinants of Systemic Banking Crises in Southeast European Countries

“…Economic slowdown and sudden stop of lending activity supported by the global economic crisis has led to much more deepening of the crisis in these countries at the time. During the expansion period, we should turn to saving to protect the economy from overheating and price bubble bursting, and that is exactly what was missing on the eve of the global financial crisis and what could have prevented or mitigated its impact (Fabris & Galić, 2015). 6 However, some authors emphasize that high credit growth is not an independent source of shocks (Borio 2008, Hume & Sentance 2009), i.e.…”

Predicting Systemic Banking Crises Using Early Warning Models: The Case of Montenegro

“…Economic slowdown and sudden stop of credit activity supported by the global economic crisis has led to much more deepening of the crisis in Montenegro at the time. During the expansion period, we should turn to saving in order to protect the economy from overheating and price bubble bursting, and that is exactly what was missing on the eve of the global financial crisis and what could have prevented or mitigated its impact (Fabris & Galić, 2015). determinant of a banking crisis, it is difficult to distinguish between healthy credit growth that includes financial development, and unsustainable credit growth that is associated with a deterioration of the balance sheet of banks.…”