returns on those investments) has important implications for the saving, investment, and entry decisions of continuing and … potential entrepreneurs. These effects are similar in spirit to the role played by costly external financing on investment by … studies of household saving decisions in general and of the savings decisions of wealthy or high-income households in …

The persistence of high savings-investment correlations and home-country bias in portfolio construction at the national … significant correlation between national savings and investment, among provinces that effect disappears. We discuss the … level is contrasted with new evidence of savings behaviour in Canadian provinces. We confirm that national borders clearly …

Foreign direct investment (FDI) is observed to be a predominant form of capital flows to low and middle income … countries with insufficiently developed capital markets. This paper analyzes the problem of channeling domestic savings into … productive investment in the presence of asymmetric information between the managing owners of firms and other portfolio …

likely" implications for future saving, investment, and international capital flows." …

technology of private investment. Government policies that discourage saving might make the Schumpeterian vision of a shift from …

international capital flows or, equivalently, between domestic saving rates and domestic investment. The basic conclusion of the … present analysis is that an increase in domestic saving has a substantial effect on the level of domestic investment although … a smaller effect than would have been observed in the 1960s and 1970s. The savings retention coefficient for the 1980 …

cashflow corporate tax (with complete expensing of investment and no deduction for interest payments) as a way of remedying …

savings rate on the investment rate, as performed in the literature, are shown to be incorrect tests of the hypothesis of … between current accounts, budget deficits, investment rates and transitory output shocks. It is argued that such a model could … current account and savings equations. Empirical tests of the model for a sample of 18 OECD countries present good evidence …

, investment in capital goods and a non-traded good. Such an environment is rich enough to explain several phenomena that are … inexplicable in more barren models. We suggest an explanation of why saving and investment may be correlated even with no … restrictions on trade in assets. We explain why a high saving country may nonetheless borrow from abroad to finance investment. We …