In this paper, it is argued that the observed high positive correlation between national savings and investment which … of the Feldstein-Horioka puzzle. -- Savings Investment Correlations ; Monetary Policy Shocks ; Feldstein-Horioka Puzzle …

The escaped savings are critical for the cycle of money, as express the amount of money which leak from an economy and … escaping savings and without the escaping saving. Then, it is plausible to extract the appropriate conclusions about the … utility of savings in an economy when there the savings return to the market for investments and for consumption and when …

In this paper, it is argued that the observed high positive correlation between national savings and investment which …

This study analyzes the emergence of secular stagnation as the consequence of a rise in the preference for liquidity … model where agents derive utility from holding assets of different degrees of liquidity. In this environment, rational …

single, source country) sufficiently large to push one or both countries into a liquidity trap. The zero lower bound on … study conditions under which a liquidity trap in one country might spillover to a trading partner. We study, under which … conditions, a liquidity trap in one country will lead to a liquidity trap in another country. We also show conditions under which …