Recent literature suggests the traditional measurement of the degree of international capital mobility by the size of the saving-investment correlation to be flawed. We employ Granger causality tests to measure the degree of capital mobility using quarterly data for a sample of 7 industrialised...

It has been common to attribute financial crises to short-term capital inflows, while foreign direct investment (FDI) is seen as a safer form of finance. The relationship between crises and the composition of capital flows is particularly relevant at present because the flow of capital to Latin...

A number of East Asian and Latin American countries have beeen the recipients of a large portion of total international capital flows to developing countries, both in the late seventies/early eighties and in the early nineties. These inflows have financed persistent current account imbalances,...

Валовой внутренний продукт (ВВП) является главным показателем объема рынка в стране. Он характеризует три важнейших макроэкономических показателя:...

Достижение высоких темпов роста российской экономики требует значительного объема инвестиций. Для их осуществления требуется достаточное количество...

Our analysis shows that Pareto's instincts were right, for under certain assumptions, personal distributions of income tend to be similar even when the underlying functional determinants are quite different. We prove that if the initial functional income distribution is sufficiently "compact" -...

This paper investigates the determinants of real interest rates at world and country level. The starting point is the idea that the real interest rates reflect the interaction of desired saving and planned investment, using the framework developed by Barro and Sala-i- Martin (1990) and Barro (1992).

I present a simultaneous-equation model with which I estimate both direct and indirect effects of financial distortions in real interest and black-market exchange rates on saving, investment, export growth and output growth.

В статье проанализированы современные тенденции движения мировых сбережений, накоплений и инвестиций. Определены основные направления структурных сдвигов в...