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Persistent link: https://www.econbiz.de/10003482065
In this paper, it is argued that the observed high positive correlation between national savings and investment which is found in the data can in part be explained by shocks to monetary policy. This hypothesis, which is established by reviewing some empirical findings, is tested in a two-country...
Persistent link: https://www.econbiz.de/10003387394
In this paper, it is argued that the observed high positive correlation between national savings and investment which is found in the data can in part be explained by shocks to monetary policy. This hypothesis, which is established by reviewing some empirical findings, is tested in a two-country...
Persistent link: https://www.econbiz.de/10014054167