Savings, investment, and capital mobility
This study exploits the relationship between savings and investment implied by a country's inter temporal budget constraint to measure the degree of capital mobility. In particular, if savings and investment are cointegrated, there is an error correction model which describes the short run dyna...
| Published in: | Philippine Review of Economics and Business (formerly The Philippine Review of Business and Economics) Vol. XXXII, no. 1 (Jun. 1995), 1-17 |
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| Main Author: | |
| Format: | Article |
| Language: | English |
| Published: |
1995
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| Subjects: |