Goldbach, Stefan; Harms, Philipp; Jochem, Axel; Nitsch, … - 2023
In some countries, a sizable fraction of savings is derived from corporate savings. Although larger, traded … savings to the host country. This paper suggests a framework to correct for this misleading attribution and applies this … concept to Germany. For the years 2012 to 2020, our corrections retrospectively reduce German savings and consequently the …