'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...

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Bibliografiske detaljer
Hovedforfatter:	FitzGerald, E
Format:	Journal article
Sprog:	English
Udgivet:	1996

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