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

42 Pages Posted: 15 Feb 2006

See all articles by Tamim Bayoumi

Tamim Bayoumi

International Monetary Fund (IMF); Centre for Economic Policy Research (CEPR)

Date Written: August 22, 1989

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.

JEL Classification: 423, 433, 441

Suggested Citation

Bayoumi, Tamim, Saving-Investment Correlations: Immobile Capital, Government Policy or Endogenous Behavior? (August 22, 1989). IMF Working Paper, Vol. , pp. 1-31, 1989. Available at SSRN: https://ssrn.com/abstract=884916

Tamim Bayoumi (Contact Author)

International Monetary Fund (IMF) ( email )

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Washington, DC 20431
United States
202-623-6333 (Phone)
202-623-4795 (Fax)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

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