, which is that even though global financial markets appear to be integrated, levels of saving and investment are correlated …

The finding of Feldstein and Horioka (1980) that domestic saving and domestic investment are highly correlated across … and that the Feldstein-Horioka Finding of domestic saving and domestic investment being highly correlated across countries …

international panel data that include 44 countries (22 advanced, and 22 emerging market economies) from 1980 to 2008. Second, when … we examine macroeconomic impacts of different types of net capital flow episodes by using panel VAR models, liability …

. If capital is immobile, investment must equal domestic saving, i.e., b=1, and if investment is unrelated to domestic …

To enhance the inflow of foreign direct investment (FDI) and ultimately to increase the economic growth, the countries …

with lower savings rates. They also point to differential effects on savings and investment, and thus to a role for …This paper addresses the relationship between age distributions, national savings and the current account balance. The …

Unlike the prediction of a frictionless open economy model, long-term average savings and investment rates are highly … that the calibrated model with both frictions produces a savings-investment correlation and a volume of capital flows close …