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In this paper we test for the existence of a stable long-run savings–investments relationship in 18 OECD economies over … savings and investments, this cannot be ruled out as individual time series tests may have low power. We thus construct a new … long-run savings–investments relationship in most of the countries, with USA the most notable exception. However, the …
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: public and private savings as well as investments and resulting imbalances. Of particular interest is the interaction between … establish the dependency of private investment on private savings and private consumption is the main driver of the saving …/investment balance. In contrast, private savings seem to be better mobilized to finance private investment and the latter is the main …
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In this paper we test for the existence of a long-run savings-investments relationship in 18 OECD economies over the … long-run savings-investments relationship in about half of the OECD economies examined, including USA and Japan, but not … period 1970-2007. Although individual modelling provides only very weak support to the hypothesis of a link between savings …
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