Showing 1 - 10 of 36
This paper examines the extent of international financial integration, and its consequences for the current account. The evidence indicates that financial liberalization in the 1970s and 1980s has resulted in a substantial movement towards closer integration of world capital markets. By reducing...
Persistent link: https://www.econbiz.de/10014395900
This paper extends recent work by Feldstein and Horioka (1980) and Bayoumi (1990), and examines saving-investment … non-EMS countries. It is seen that the EMS countries exhibit much lower saving-investment correlations than their non …
Persistent link: https://www.econbiz.de/10014396141
, the limited tools available to policymakers to affect savings are discussed. Finally, the extent to which recent tax …
Persistent link: https://www.econbiz.de/10014396192
This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …
Persistent link: https://www.econbiz.de/10014396226
among the factors that have contributed most to delaying the private sector’s investment response and preventing a …
Persistent link: https://www.econbiz.de/10014396459
composition of savings and investment. The paper suggests various specific tax measures that would not only raise government … revenue but also enhance the efficiency of savings and investment …This paper explores how tax policy affects the level and allocation of national savings in the United States. It argues …
Persistent link: https://www.econbiz.de/10014395849
The U.S. national savings rate has declined in the 1980s, with both public and private components falling. This paper … discusses that decline and whether a policy response is needed. The drop in the private savings rate appears to reflect factors … national savings. Illustrative calculations based on two alternative frameworks indicate that a net national saving rate …
Persistent link: https://www.econbiz.de/10014395902
This paper examines the relative efficacy of cuts in government spending on goods and services and increases in taxation as tools for augmenting national saving--an issue related to Ricardian equivalence. The theoretical analysis shows little presumption in favor of spending cuts for this...
Persistent link: https://www.econbiz.de/10014396058
implementation of the infrastructure investment program, higher domestic saving, and structural reforms. …
Persistent link: https://www.econbiz.de/10011242465
investment for Kuwait under uncertainty. The results show that in the face of high oil income volatility and the expected decline … is room to increase investment spending, which should contribute to the growth of the tradable sector, as the projected … investment rate is lower than the optimal investment rate of 20 percent of government income. …
Persistent link: https://www.econbiz.de/10011242728