Cover IMF Working Papers
Saving-Investment Correlations: Immobile Capital. Government Policy or Endogenous Behavior?
Author:
International Monetary Fund
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Series:
IMF Working Papers
Volume/Issue:
Volume 1989: Issue 066
Language:
English
Publication Date:
01 Jan 1989
DOI:
https://doi.org/10.5089/9781451961881.001
ISBN:
9781451961881
ISSN:
1018-5941
Pages:
42
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
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IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 1989: Issue 066