real interest rates are driven by variations in desired saving and investment. But based on data stretching back to 1870 … for 19 countries, our systematic analysis casts doubt on this view. The link between real interest rates and saving-investment … countries that dominate global monetary and financial conditions rather than common movements in global saving and investment …

real interest rates are driven by variations in desired saving and investment. But based on data stretching back to 1870 … for 19 countries, our systematic analysis casts doubt on this view. The link between real interest rates and saving-investment … countries that dominate global monetary and financial conditions rather than common movements in global saving and investment …

This essay discusses the reasons for and implications of the decline in real interest rates around the world over the … Ponzi-like scheme of perpetual debt rollover might fail, and such a failure would make an already-bad state of the world …

The purpose of this paper is to test the dependency of domestic investment on domestic saving in the Feldstein …-Horioka spirit. Our innovation is to use a de nition of investment that does not include foreign direct investment. We do so since … related to domestic saving in a meaningful way. Once we adopt, as the dependent variable, pure domestic investment the result …

origins, into the Feldstein and Horioka (1980, Economic Journal 90) saving-investment regression. The estimations show that in … the French-civil-law countries, which have the weakest investor protection, the domestic investment rates are generally …, rather than into domestic investment …

savings and investment in OECD countries with perfect capital mobility? Is such an explanation empirically supportable? This … theoretical correlation between domestic savings and investment--of interest in its own right--and calibrates the model using … regression coefficients and stock market data from the US and Canada. The model accounts quite well for the observed investment-savings …