'Global' Saving and Interest Rate Behaviour: Why Don't International Capital Markets Clear?
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...
| المؤلف الرئيسي: | |
|---|---|
| التنسيق: | Journal article |
| اللغة: | English |
| منشور في: |
1996
|
Search Result 1
'Global' Saving and Interest Rate Behaviour: Why Don't International Capital Markets Clear?
منشور في 1998
Book section