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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: David, Antonio
Rannpháirtithe: Goncalves, Carlos Eduardo, Werner, Alejandro
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2020.
Sraith:IMF Working Papers; Working Paper ; No. 2020/124
Rochtain ar líne:Full text available on IMF