Wincoop, Eric van; Marrinan, Jane - Department of Economics and Business, Universitat … - 1996
We decompose aggregate saving and investment into its public and private components and then document a variety of … ``stylized facts'' associated with saving and investment rates for a sample of 15 countries over the period 1975--1989. In order … modeling the fiscal policy rules. The model performs remarkably well in accounting for a wide variety of time series …