response, such as stricter capital controls, which are not grounded in any theory or empirical studies, but at the same time …

flows (as Foreign Direct Investment – FDI) that entered the Portuguese, Spanish, French and English economies from 1970 till … stationarity, integration and cointegration, that continues by the appreciation of the multilateral and bilateral causality among … and the origins of the different Foreign Direct Investment series (the FDI entrances). The presentation of an empirical …

This paper makes three contributions: First, I construct annual time series of gross domestic investment and national …-run bivariate relationship between the time series of investment and saving. Third, I also examine the short-run as well as the … cyclical relationships between the time series of investment and saving. The results reported in this paper indicate that there …

flows (as Foreign Direct Investment – FDI) that entered the Portuguese, Spanish, French and English economies from 1970 till … stationarity, integration and cointegration, that continues by the appreciation of the multilateral and bilateral causality among … and the origins of the different Foreign Direct Investment series (the FDI entrances). The presentation of an empirical …

-run investment-saving correlation follows directly from the economy's dynamic budget constraint and this does not depend on the … degree of international capital mobility. Therefore, unless the budget constraint is violated, the time series of investment … annual and quarterly post-war U.S. data, I find that investment and saving are cointegrated in levels as well as in rates …

infringements. It gives promises for both solving fundamental problems of economic theory and creation of new directions and fields …

's (1992) conditional ECM- based t-test for no-cointegration with a single prespecified cointegrating vector. This alternative …-test with a prespecified cointegrating vector can have much higher power than single equation tests for cointegration based on …

This article explores by an econometric approach the permanent income hypothesis. The classical cointegration analysis …