Iorio, Francesca; Fachin, Stefano - In: Empirical Economics 46 (2014) 4, pp. 1271-1300
In this paper we test for the existence of a stable long-run savings–investments relationship in 18 OECD economies over the period 1970–2007. Although individual modelling provides only very weak support to the hypothesis of a link between savings and investments, this cannot be ruled out as...