Saving-Investment Correlations : Immobile Capital. Government Policy or Endogenous Behavior?
This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over time. It is concluded that the main reason for the observed high correlations over the recent period is probably government policy.
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1989.
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Serie: | IMF Working Papers; Working Paper ;
No. 1989/066 |
Accesso online: | Full text available on IMF |