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the relationship between domestic investment and saving: whatever the transition mechanism specified, each test strongly … countries (1960-2000), we test the influence of various threshold variables (degree of openness, size, demography) on the saving …
Persistent link: https://www.econbiz.de/10012985178
capital in the past. The conclusion is that within EMU domestic saving and investment will be less correlated than they were … of Feldstein and Horioka (FH) can limit the negative consequences of shocks affecting the saving capacity of an economy …
Persistent link: https://www.econbiz.de/10011442627
account balance, budget deficit and investment for the period 1990–2011. The analysis is conducted within the framework of … international capital markets. Yet, investment is found to have a significant impact on the current account balance …
Persistent link: https://www.econbiz.de/10013101030
In this paper we test the well-known hypothesis of Obstfeld and Rogoff (2000) that trade costs are the key to explaining the so-called Feldstein-Horioka puzzle. Using a gravity framework in an intertemporal context, we provide strong support for the hypothesis and we reconcile our results with...
Persistent link: https://www.econbiz.de/10013318280
correlations between savings and investment observed within countries. A large literature has emerged to investigate this issue … answers remain by and large elusive. Since we argue that the savings and investment series in our panel are integrated of … savings and investment. Our particular contributions are (a) to consider the puzzle comprehensively, using both time series …
Persistent link: https://www.econbiz.de/10014068629
This paper estimates the domestic saving-investment correlations for 189 countries in the period 1980-2020 to study if … regression results show that all the saving-investment correlation coefficients are statistically significant at a 1% level and …
Persistent link: https://www.econbiz.de/10014344110
capital in the past. The conclusion is that within EMU domestic saving and investment will be less correlated than they were … of Feldstein and Horioka (FH) can limit the negative consequences of shocks affecting the saving capacity of an economy …
Persistent link: https://www.econbiz.de/10013428227
towards foreign capital that the accession states have attained so far on the basis of the correlation between domestic saving … and investment. A comparison with the southern members of the EU shows that the countries under review have reached a …
Persistent link: https://www.econbiz.de/10011474898
Persistent link: https://www.econbiz.de/10013261021
Persistent link: https://www.econbiz.de/10011460343