Reexamining the National Savings-Investment Nexus Across Time and Countries /

Domestic savings and investment are positively correlated across countries and through time, as Feldstein-Horioka (FH) unveiled 40 years ago. We argue that an interpretation of this correlation based on market failures is more consistent with data patterns than alternative hypotheses. Moreover, reso...

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Xehetasun bibliografikoak
Egile nagusia: David, Antonio
Beste egile batzuk: Goncalves, Carlos Eduardo, Werner, Alejandro
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2020.
Saila:IMF Working Papers; Working Paper ; No. 2020/124
Sarrera elektronikoa:Full text available on IMF