fluctuations in savings on domestic investment and the current account? In the long run, we find that countries invest the marginal …Faced with income fluctuations, countries smooth their consumption by raising savings when income is high, and vice … versa. How much of these savings do countries invest at home and abroad? In other words, what are the effects of …

savings rate on the investment rate, as performed in the literature, are shown to be incorrect tests of the hypothesis of … between current accounts, budget deficits, investment rates and transitory output shocks. It is argued that such a model could … current account and savings equations. Empirical tests of the model for a sample of 18 OECD countries present good evidence …

a dynamic multicountry model of international trade, production, and investment to data from 19 countries to assess this … resolving a number of the puzzles: The dependence of domestic investment on domestic saving falls by half or disappears entirely …

scarcity of saving in LATAM, thereby increasing investment and growth. Yet, the data and several case studies suggest that the … savings and investments were taxed in an arbitrary and unpredictable way, the credibility of a new regime could not be assumed … saving and investment rates tends to be a time consuming process. This also suggests that greater political instability and …

current account imbalances and possibly to the recent global financial crisis. This paper proposes a theory of excess savings …Large savings and current account surpluses by China and other countries are said to be a contributor to the global … show conditions under which an intensified competition in the marriage market can induce men to raise their savings rate …