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 …

account balance, budget deficit and investment for the period 1990–2011. The analysis is conducted within the framework of … international capital markets. Yet, investment is found to have a significant impact on the current account balance …

correlations between savings and investment observed within countries. A large literature has emerged to investigate this issue … answers remain by and large elusive. Since we argue that the savings and investment series in our panel are integrated of … savings and investment. Our particular contributions are (a) to consider the puzzle comprehensively, using both time series …

Feldstein and Horioka (1980) argued that the correlation of saving and investment in a cross-section of countries may … as a reliable basis for such a test. The intertemporal budget constraint implies that each country`s saving and … investment should be cointegrated over time. Simulations show that the cross-section regressions used in the literature will …

This paper estimates the domestic saving-investment correlations for 189 countries in the period 1980-2020 to study if … regression results show that all the saving-investment correlation coefficients are statistically significant at a 1% level and …

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

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 …

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 …