This paper investigates the factors that have influenced the savings behaviour in the Argentine economy. First, the correlations between saving and investment over time are analysed (the Feldstein- Horioka puzzle). Second, the paper investigates the causality in Granger sense between private...

The aim of this paper is to identify the relationship between macroeconomic shocks and financial vulnerability in the argentine case for the period 1977-2004, by using VEC models. The results show that falls in the deposit-currency ratio (indicator of crisis or financial vulnerability) would be...

The aim of this paper is to identify the relationship between macroeconomic shocks and financial vulnerability in the Argentine case for the period 1977-2004, by using VEC models. The results show that falls in the deposit-currency ratio (indicator of crisis or financial vulnerability) would be...