Saving-Investment Correlations: Immobile Capital, Government Policy, or Endogenous Behavior?

Tamim Bayoumi

IMF Staff Papers, 1990, vol. 37, issue 2, 360-387

Abstract: The high postwar correlations between saving and investment, both across countries and over time, are analyzed. A major reason for these correlations over the recent period is found to be government policy.

Date: 1990
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