Developing Countries and the Feldstein-Horioka Puzzle /

The previous literature points to a high correlation between domestic rates of investment and savings among OECD countries. Some take this as evidence of limited financial integration in the industrialized world. This paper presents new empirical results, based on an extended sample of countries. Th...

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Autor principal: Wacziarg, Romain
Altres autors: Vamvakidis, Athanasios
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1998.
Col·lecció:IMF Working Papers; Working Paper ; No. 1998/002
Accés en línia:Full text available on IMF