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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Bibliographic Details
Main Author: Wacziarg, Romain
Other Authors: Vamvakidis, Athanasios
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/002
Online Access:Full text available on IMF