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capital in the past. The conclusion is that within EMU domestic saving and investment will be less correlated than they were …
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We examine the relationship between investment and saving for a cross section of European countries before and during … the euro crisis. Investment is positively and significantly related to saving, and this relationship is stronger during …
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results suggest that the correlation between investment and savings depends on institutions, exchange rate risk and credit …
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change alters the time path of aggregate savings within each country. Second, this process may be amplified when a pension … of the world will initially be substantial but that trends are reversed when households decumulate savings. We also …
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