in Gourinchas and Jeanne (2013) to compute regional investment and saving wedges. By relating those frictions with TFP … catch-up parameters, we find an investment and a saving puzzle: regions that caught up relative to the rest of China seem to … have lower investment rate (higher investment tax) and higher saving (lower saving tax) relative to the prediction of the …

To enhance the inflow of foreign direct investment (FDI) and ultimately to increase the economic growth, the countries …

Based on the relation between investment and domestic saving proposed by Feldstein and Horioka (1980) to verify capital … autoregressive (SVAR) involving investment and saving in order to evaluate the effect of exogenous shocks through impulse response … showed that investment is sensitive to contemporaneous innovation on saving and this effect lasts for a long time. Regarding …

We examine the relationship between investment and saving for a cross section of European countries before and during … the euro crisis. Investment is positively and significantly related to saving, and this relationship is stronger during …

stock of tangible capital supported by actual past domestic saving, relative to the actual stock of capital. We use the …

with lower savings rates. They also point to differential effects on savings and investment, and thus to a role for …

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. …

capital in the past. The conclusion is that within EMU domestic saving and investment will be less correlated than they were … of Feldstein and Horioka (FH) can limit the negative consequences of shocks affecting the saving capacity of an economy …

Unlike the prediction of a frictionless open economy model, long-term average savings and investment rates are highly … that the calibrated model with both frictions produces a savings-investment correlation and a volume of capital flows close …

towards foreign capital that the accession states have attained so far on the basis of the correlation between domestic saving … and investment. A comparison with the southern members of the EU shows that the countries under review have reached a …