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

International Monetary Fund

No 1989/066, IMF Working Papers from International Monetary Fund

Abstract: This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over time. It is concluded that the main reason for the observed high correlations over the recent period is probably government policy.

Keywords: WP; government; investment; government policy; capital; capital mobility; investment data; saving-investment regression; government saving; inventory investment; investment variable; private sector data; investment decision; investment rate; Private savings; Private investment; Public investment spending; Gold; Time series analysis (search for similar items in EconPapers)
Pages: 42
Date: 1989-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1989/066

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