Saving, Investment, and Gold: A Reassessment of Historical Current Account Data
Author
Abstract
Suggested Citation
Note: IFM ITI
Download full text from publisher
Other versions of this item:
- Matthew T. Jones and Maurice Obstfeld., 1997. "Saving, Investment, and Gold: A Reassessment of Historical Current Account Data," Center for International and Development Economics Research (CIDER) Working Papers C97-094, University of California at Berkeley.
References listed on IDEAS
- Lawrence H. Summers, 1988.
"Tax Policy and International Competitiveness,"
NBER Chapters, in: International Aspects of Fiscal Policies, pages 349-386,
National Bureau of Economic Research, Inc.
- Lawrence H. Summers, 1986. "Tax Policy and International Competitiveness," NBER Working Papers 2007, National Bureau of Economic Research, Inc.
- Friedman, Milton, 1990. "The Crime of 1873," Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1159-1194, December.
- E. A. Boehm, 1965. "Measuring Australian Economic Growth, 1861 To 1938‐39," The Economic Record, The Economic Society of Australia, vol. 41(94), pages 207-239, June.
- John W. Kendrick, 1961. "Productivity Trends in the United States," NBER Books, National Bureau of Economic Research, Inc, number kend61-1.
- Jacob A. Frenkel, 1988. "International Aspects of Fiscal Policies," NBER Books, National Bureau of Economic Research, Inc, number fren88-1.
- Feldstein, Martin & Horioka, Charles, 1980.
"Domestic Saving and International Capital Flows,"
Economic Journal, Royal Economic Society, vol. 90(358), pages 314-329, June.
- Martin Feldstein & Charles Horioka, 1979. "Domestic Savings and International Capital Flows," NBER Working Papers 0310, National Bureau of Economic Research, Inc.
- Maurice Obstfeld & Alan M. Taylor, 1998.
"The Great Depression as a Watershed: International Capital Mobility over the Long Run,"
NBER Chapters, in: The Defining Moment: The Great Depression and the American Economy in the Twentieth Century, pages 353-402,
National Bureau of Economic Research, Inc.
- Obstfeld, Maurice & Taylor, Alan M., 1997. "The Great Depression as a Watershed: International Capital Mobility over the Long Run," CEPR Discussion Papers 1633, C.E.P.R. Discussion Papers.
- Maurice Obstfeld & Alan M. Taylor, 1997. "The Great Depression as a Watershed: International Capital Mobility over the Long Run," NBER Working Papers 5960, National Bureau of Economic Research, Inc.
- Anonymous, 1958. "International Monetary Fund," International Organization, Cambridge University Press, vol. 12(3), pages 387-387, July.
- Michael Dooley & Jeffrey Frankel & Donald J. Mathieson, 1987. "International Capital Mobility: What Do Saving-Investment Correlations Tell Us?," IMF Staff Papers, Palgrave Macmillan, vol. 34(3), pages 503-530, September.
- Bordo Michael D. & Kydland Finn E., 1995. "The Gold Standard As a Rule: An Essay in Exploration," Explorations in Economic History, Elsevier, vol. 32(4), pages 423-464, October.
- Anonymous, 1958. "International Monetary Fund," International Organization, Cambridge University Press, vol. 12(2), pages 223-224, April.
- Edward K. Y. Chen, 1979. "The Patterns of Economic growth," Palgrave Macmillan Books, in: Hyper-growth in Asian Economies, chapter 3, pages 28-41, Palgrave Macmillan.
- M C. Urquhart, 1986. "New Estimates of Gross National Product, Canada, 1870-1926: Some Implications for Canadian Development," NBER Chapters, in: Long-Term Factors in American Economic Growth, pages 9-94, National Bureau of Economic Research, Inc.
- Anonymous, 1958. "International Monetary Fund," International Organization, Cambridge University Press, vol. 12(4), pages 542-543, October.
- Maddison, A., 1991. "A Long Run Perspective on Saving," Papers 443, Groningen State, Institute of Economic Research-.
- Stanley L. Engerman & Robert E. Gallman, 1986. "Long-Term Factors in American Economic Growth," NBER Books, National Bureau of Economic Research, Inc, number enge86-1.
- Alan M. Taylor, 1996. "International Capital Mobility in History: The Saving-Investment Relationship," NBER Working Papers 5743, National Bureau of Economic Research, Inc.
- Alan M. Taylor, 1996. "International Capital Mobility in History: Purchasing-Power Parity in the Long Run," NBER Working Papers 5742, National Bureau of Economic Research, Inc.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Kumar, Saten & Sen, Rahul & Srivastava, Sadhana, 2014.
"Does economic integration stimulate capital mobility? An analysis of four regional economic communities in Africa,"
Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 29(C), pages 33-50.
- Saten Kumar & Rahul Sen & Sadhana Srivastava, 2014. "Does Economic Integration Stimulate Capital Mobility? An Analysis of Four Regional Economic Communities in Africa," Working Papers 2014-05, Auckland University of Technology, Department of Economics.
- Daniel Levy, 1995.
"Investment-saving comovement under endogenous fiscal policy,"
Open Economies Review, Springer, vol. 6(3), pages 237-254, July.
- Levy, Daniel, 1995. "Investment-Saving Comovement under Endogenous Fiscal Policy," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 6(3), pages 237-254.
- Daniel Levy, 1995. "Investment-saving comovement under endogenous fiscal policy," Post-Print hal-02382789, HAL.
- Daniel Levy, 2005. "Investment-Saving Comovement under Endogenous Fiscal Policy," International Finance 0505008, University Library of Munich, Germany.
- Maurice Obstfeld & Alan M. Taylor, 1998.
"The Great Depression as a Watershed: International Capital Mobility over the Long Run,"
NBER Chapters, in: The Defining Moment: The Great Depression and the American Economy in the Twentieth Century, pages 353-402,
National Bureau of Economic Research, Inc.
- Obstfeld, Maurice & Taylor, Alan M., 1997. "The Great Depression as a Watershed: International Capital Mobility over the Long Run," CEPR Discussion Papers 1633, C.E.P.R. Discussion Papers.
- Maurice Obstfeld & Alan M. Taylor, 1997. "The Great Depression as a Watershed: International Capital Mobility over the Long Run," NBER Working Papers 5960, National Bureau of Economic Research, Inc.
- Apergis, Nicholas & Tsoumas, Chris, 2009. "A survey of the Feldstein-Horioka puzzle: What has been done and where we stand," Research in Economics, Elsevier, vol. 63(2), pages 64-76, June.
- Gordon, Roger H & Bovenberg, A Lans, 1996.
"Why Is Capital So Immobile Internationally? Possible Explanations and Implications for Capital Income Taxation,"
American Economic Review, American Economic Association, vol. 86(5), pages 1057-1075, December.
- Gordon, R.H. & Bovenberg, A.L., 1994. "Why is capital so immobile internationally? : Possible explanations and implications for capital income taxation," Discussion Paper 1994-63, Tilburg University, Center for Economic Research.
- Bovenberg, A.L. & Gordon, R.H., 1996. "Why is capital so immobile internationally? Possible explanation and implications for capital income taxation," Other publications TiSEM 6a131c21-fd9a-4d83-8d9a-7, Tilburg University, School of Economics and Management.
- Gordon, R.H. & Bovenberg, A.L., 1994. "Why Is Capital So Immobile Internationally?: Possible Explanations and Implications for Capital Income Taxation," Working Papers 358, Research Seminar in International Economics, University of Michigan.
- Roger H. Gordon & A. Lans Bovenberg, 1994. "Why is Capital so Immobile Internationally?: Possible Explanations and Implications for Capital Income Taxation," NBER Working Papers 4796, National Bureau of Economic Research, Inc.
- George Furstenberg, 1998. "From Worldwide Capital Mobility to International Financial Integration: A Review Essay," Open Economies Review, Springer, vol. 9(1), pages 53-84, January.
- Jos Jansen, W, 1996. "Estimating saving-investment correlations: evidence for OECD countries based on an error correction model," Journal of International Money and Finance, Elsevier, vol. 15(5), pages 749-781, October.
- Maurice Obstfeld, 1993.
"International Capital Mobility in the 1990s,"
NBER Working Papers
4534, National Bureau of Economic Research, Inc.
- Obstfeld, Maurice, 1994. "International Capital Mobility in the 1990s," Center for International and Development Economics Research (CIDER) Working Papers 233380, University of California-Berkeley, Department of Economics.
- Obstfeld, Maurice, 1994. "International Capital Mobility in the 1990s," CEPR Discussion Papers 902, C.E.P.R. Discussion Papers.
- Maurice Obstfeld., 1994. "International Capital Mobility in the 1990s," Center for International and Development Economics Research (CIDER) Working Papers C94-037, University of California at Berkeley.
- Maurice Obstfeld, 1994. "International capital mobility in the 1990s," International Finance Discussion Papers 472, Board of Governors of the Federal Reserve System (U.S.).
- Norman Loayza & Klaus Schmidt-Hebbel & Luis Servén, 2001.
"Una Revisión del COmportamiento y de los determinantes del ahorro en el mundo,"
Central Banking, Analysis, and Economic Policies Book Series, in: Felipe Morandé & Rodrigo Vergara & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Edit (ed.),Análisis Empírico del Ahorro en Chile, edition 1, volume 1, chapter 2, pages 13-48,
Central Bank of Chile.
- Norman Loayza & Klaus Schmidt-Hebbel & Luis Servén, 2001. "Una Revisión del Comportamientoy de los Determinantes del Ahorro en el Mundo," Working Papers Central Bank of Chile 95, Central Bank of Chile.
- Debarsy, Nicolas & Ertur, Cem, 2010.
"Testing for spatial autocorrelation in a fixed effects panel data model,"
Regional Science and Urban Economics, Elsevier, vol. 40(6), pages 453-470, November.
- Nicolas DEBARSY (CERPE De Namur) & Cem ERTUR, 2009. "Testing for Spatial Autocorrelation in a Fixed Effects Panel Data Model," LEO Working Papers / DR LEO 1546, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
- Nicolas Debarsy & Cem Ertur, 2010. "Testing for Spatial Autocorrelation in a Fixed Effects Panel Data Model," Post-Print halshs-00414133, HAL.
- Naib ALAKBAROV & Yılmaz BAYAR, 2021. "International Financial Market Integration and The Feldstein–Horioka Puzzle: Evidence from Emerging Market Economies," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 143-165, December.
- Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2013.
"Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007,"
Working Papers
2014-38, Federal Reserve Bank of St. Louis.
- Paulina Restrepo-Echavarria & Mark Wright & Lee Ohanian, 2015. "Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007," 2015 Meeting Papers 1377, Society for Economic Dynamics.
- Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2018.
"Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America,"
American Economic Review, American Economic Association, vol. 108(12), pages 3541-3582, December.
- Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2015. "Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America," Working Paper Series WP-2015-8, Federal Reserve Bank of Chicago.
- Paulina Restrepo-Echavarria & Mark Wright & Lee Ohanian, 2017. "Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America," 2017 Meeting Papers 1109, Society for Economic Dynamics.
- Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2015. "Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America," NBER Working Papers 21744, National Bureau of Economic Research, Inc.
- Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2018. "Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America," Staff Report 563, Federal Reserve Bank of Minneapolis.
- Lucio Sarno & Mark Taylor, 1998. "Exchange controls, international capital flows and saving-investment correlations in the UK: An empirical investigation," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 134(1), pages 69-98, March.
- Mariam Camarero & Alejandro Muñoz & Cecilio Tamarit, 2021.
"50 Years of Capital Mobility in the Eurozone: Breaking the Feldstein-Horioka Puzzle,"
Open Economies Review, Springer, vol. 32(5), pages 867-905, November.
- Mariam Camarero & Alejandro Munoz & Cecilio Tamarit, 2021. "50 years of capital mobility in the Eurozone: breaking the Feldstein-Horioka Puzzle," Working Papers 2021.04, International Network for Economic Research - INFER.
- Mariam Camarero & Alejandro Muñoz & Cecilio Tamarit, 2021. "50 years of capital mobility in the Eurozone: breaking the Feldstein-Horioka Puzzle," Working Papers 2102, Department of Applied Economics II, Universidad de Valencia.
- Ndikumana, Leonce, 2000. "Financial Determinants of Domestic Investment in Sub-Saharan Africa: Evidence from Panel Data," World Development, Elsevier, vol. 28(2), pages 381-400, February.
- AmirKhalkhali, Sal & Dar, Atul, 2007. "Trade openness and saving-investment correlations," Economic Modelling, Elsevier, vol. 24(1), pages 120-127, January.
- Taylor, Alan M., 1998.
"Argentina and the world capital market: saving, investment, and international capital mobility in the twentieth century,"
Journal of Development Economics, Elsevier, vol. 57(1), pages 147-184, October.
- Alan M. Taylor, 1997. "Argentina and the World Capital Market: Saving, Investment, and International Capital Mobility in the Twentieth Century," NBER Working Papers 6302, National Bureau of Economic Research, Inc.
- Chang, Yanqin & Smith, R. Todd, 2014. "Feldstein–Horioka puzzles," European Economic Review, Elsevier, vol. 72(C), pages 98-112.
- Telatar, Erdinc & Telatar, Funda & Bolatoglu, Nasip, 2007. "A regime switching approach to the Feldstein-Horioka puzzle: Evidence from some European countries," Journal of Policy Modeling, Elsevier, vol. 29(3), pages 523-533.
More about this item
JEL classification:
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:6103. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.