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investment), (3) that the specific causes of the IS imbalances have changed dramatically over time, and (4) that future trends in …
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Martin Stuart ("Marty") Feldstein, currently George F. Baker Professor of Economics at Harvard University and President Emeritus of the National Bureau of Economic Research, Inc. (NBER), is a renowned American economist who has made important contributions to public finance, macroeconomics,...
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, which is that even though global financial markets appear to be integrated, levels of saving and investment are correlated …
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-Horioka puzzle ; capital mobility ; capital flows ; saving ; investment ; Adam Smith ; invisible hand …
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Martin Stuart ("Marty") Feldstein, currently George F. Baker Professor of Economics at Harvard University and President Emeritus of the National Bureau of Economic Research, Inc. (NBER), is a renowned American economist who has made important contributions to public finance, macroeconomics,...
Persistent link: https://www.econbiz.de/10010374085
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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