Saving-Investment Correlations: Immobile Capital, Government Policy or Endogenous Behavior?
42 Pages Posted: 15 Feb 2006
Date Written: August 22, 1989
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: Suggested Citation