Showing 1 - 10 of 8,594
, which is that even though global financial markets appear to be integrated, levels of saving and investment are correlated …
Persistent link: https://www.econbiz.de/10011756014
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 …
Persistent link: https://www.econbiz.de/10014530303
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
To enhance the inflow of foreign direct investment (FDI) and ultimately to increase the economic growth, the countries …
Persistent link: https://www.econbiz.de/10010490551
within the Sub-Saharan African (SSA) economies. With a re-specified inter-temporal consumption framework, the savings-investment … to the level of domestic investment in the sub-region. …
Persistent link: https://www.econbiz.de/10012019985
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
increases in investment that are followed by rapid declines. This investment response contrasts with the empirical evidence that … suggests a rather hump-shaped investment behavior. In this paper, I present a two-country general equilibrium model that … generates hump-shaped investment responses from labor market frictions. In the model, I decompose investment into tradable and …
Persistent link: https://www.econbiz.de/10011774727
Persistent link: https://www.econbiz.de/10011460343
This paper proposes a new perspective on international capital flows and countries' long-run external asset position. Cross-sectional evidence for 84 developing countries shows that over the last three decades countries that have had on average higher volatility of output growth (1) accumulated...
Persistent link: https://www.econbiz.de/10010386570
This paper proposes a new perspective on international capital flows and countries' long-run external asset position. Cross-sectional evidence for 84 developing countries shows that over the last three decades countries that have had on average higher volatility of output growth (1) accumulated...
Persistent link: https://www.econbiz.de/10010433418