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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Wacziarg, Romain
Outros autores: Vamvakidis, Athanasios
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/002
Acceso en liña:Full text available on IMF