Wincoop, Eric van; Marrinan, Jane - Department of Economics and Business, Universitat … - 1996
We decompose aggregate saving and investment into its public and private components and then document a variety of … ``stylized facts'' associated with saving and investment rates for a sample of 15 countries over the period 1975--1989. In order … account for both the large cross country correlation between aggregate saving and investment rates and the very negative cross …