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Interest Investment and Saving: A Causality Analysis

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  • Jung-Gun Oh

Abstract

This paper aims at reviewing briefly the outline of the saving-investment controversy between the Neoclassical and Keynes's economics, whereby, empirical tests conducive to the settlement of the controversy were performed using the causality test and Vector Autoregressive analysis. The test results suggest some important implications on the practise of monetary policy. This paper was originally presented at the Tenth Pacific Basin Central Banks Conference held on 12-16 October 1992, at Beijing, China.

Suggested Citation

  • Jung-Gun Oh, 1992. "Interest Investment and Saving: A Causality Analysis," Staff Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number sp47.
    • Handle: RePEc:sea:spaper:sp47
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    File URL: http://www.seacen.org/GUI/pdf/publications/staff_paper/1992/SP47.pdf
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    Cited by:

    1. Bank Indonesia, 2007. "Financial Deepening to Support Monetary Stability and Sustainable Economic Growth," Occasional Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number occ47.

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