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An Econometric Investigation into the Macroeconomic Relationship between Investment and Saving: Evidence from the EU Region

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  • Constantinos Alexiou

Abstract

By and large, it is beyond any question that sound government finances may indeed be an important factor that conditions economic progress. Nonetheless, the notion that saving must be boosted in order to expand investment, is a contention that has to be taken with a 'pinch of salt'. This study by elaborating on the temporal relationship between investment and saving, provides econometric evidence, on the basis of which investment is a variable with the utmost importance.

Suggested Citation

  • Constantinos Alexiou, 2002. "An Econometric Investigation into the Macroeconomic Relationship between Investment and Saving: Evidence from the EU Region," Working Papers 455, Queen Mary University of London, School of Economics and Finance.
    • Handle: RePEc:qmw:qmwecw:455
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    References listed on IDEAS

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    Cited by:

    1. Khemraj, Tarron & Langrin, R. Brian, 2009. "Dynamic interactions of bank assets in two foreign currency constrained economies," MPRA Paper 36620, University Library of Munich, Germany, revised Nov 2010.
    2. NGUENA, Christian L., 2011. "Heterogeneity of Saving-Investment Causality and Fiscal Coordination Implication: The Case of an African Monetary Union," MPRA Paper 49411, University Library of Munich, Germany, revised 31 Aug 2013.
    3. Alexiou, Constantinos & Argitis, Georgios, 2005. "Macroeconomic Policy and Unemployment: Empirical Evidence from the Euroland," Review of Applied Economics, Lincoln University, Department of Financial and Business Systems, vol. 1(1), pages 1-29, June.

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    More about this item

    Keywords

    Investment; Saving; EU;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)

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