ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Effect of Indexation on Savings in Developing Countries

Effect of Indexation on Savings in Developing Countries

in Developing Countries Pronab Sen The index-linking of all monetary variables in the economy should have the effect of increasing the volume of real savings in it. There are undoubtedly effects which would tend to reduce savings, but there is sufficient evidence that the aggregate effect of all determinants would be positive

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