'Global' Saving and Interest Rate Behaviour: Why Don't International Capital Markets Clear?

'Global' Saving and Interest Rate Behaviour: Why Don't International Capital Markets Clear?

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This paper examines the empirical evidence on saving trends in the global economy and the emergence of a single real long-term interest rate, from a Keynesian point of view. The essentially Ricardian position of bodies such as the IMF implies a 'savings shortage' which is theoretically imp...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur:	FitzGerald, E
Fformat:	Journal article
Iaith:	English
Cyhoeddwyd:	1996

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