An Econometric Investigation into the Macroeconomic Relationship between Investment and Saving: Evidence from the EU Region
AbstractBy 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.
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Bibliographic InfoPaper provided by Queen Mary, University of London, School of Economics and Finance in its series Working Papers with number 455.
Date of creation: Mar 2002
Date of revision:
Investment; Saving; EU;
Find related papers by JEL classification:
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
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