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...
Príomhchruthaitheoir: | |
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Rannpháirtithe: | , |
Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2020.
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Sraith: | IMF Working Papers; Working Paper ;
No. 2020/124 |
Rochtain ar líne: | Full text available on IMF |