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230104 ||| eng |
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|a 9798400219306
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|a Loko, Boileau
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|a Private Savings and COVID-19 in Sub-Saharan Africa
|c Boileau Loko, Nelie Nembot, Marcos Poplawski Ribeiro
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2022
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|a 47 pages
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| 651 |
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|a Afghanistan, Islamic Republic of
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| 653 |
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|a Health
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|a Wealth
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| 653 |
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|a Economics
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|a Income
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| 653 |
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|a Infectious & contagious diseases
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| 653 |
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|a Covid-19
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| 653 |
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|a National accounts
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| 653 |
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|a Economics of specific sectors
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| 653 |
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|a Population and demographics
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| 653 |
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|a Estimation
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| 653 |
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|a Currency crises
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|a Demography
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|a Multiple or Simultaneous Equation Models: Models with Panel Data
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|a Population
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Estimation techniques
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| 653 |
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|a Econometrics
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| 653 |
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|a Diseases: Contagious
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| 653 |
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|a Econometrics & economic statistics
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|a Communicable diseases
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|a Private savings
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| 653 |
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|a Population & demography
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| 653 |
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|a Economic & financial crises & disasters
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| 653 |
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|a Economywide Country Studies: Africa
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| 653 |
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|a Econometric analysis
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| 653 |
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|a Demographic Economics: General
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| 653 |
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|a Saving
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|a Economics: General
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| 653 |
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|a Informal sector
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|a Aggregate Factor Income Distribution
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|a Health Behavior
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|a Saving and investment
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| 653 |
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|a Econometric models
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| 653 |
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|a Macroeconomics: Consumption
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|a Nembot, Nelie
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|a Poplawski Ribeiro, Marcos
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| 041 |
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|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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|a IMF Working Papers
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|a 10.5089/9798400219306.001
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|u https://elibrary.imf.org/view/journals/001/2022/176/001.2022.issue-176-en.xml?cid=523268-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a The paper reexamines the main private savings determinants in Sub-Saharan Africa (SSA), followed by an analysis of the COVID-19 pandemic impact on private savings in SSA and other country groupings. Using an unbalanced panel data from 1983−2021 for 31 SSA economies, the paper finds that real per capita economic growth remains a key historical determinant of private savings in the region. In contrast with other regions, private saving rates have not increased during COVID-19 in SSA. Instead, COVID-19 deaths in our estimations are significantly associated with a decline in private savings in SSA. Robustness checks and a descriptive analysis of household surveys during the pandemic corroborate those results
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