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National Saving and International Investment

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NBER1989-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3164
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This paper extends earlier work by Feldstein and Horioka on the relation between domestic saving rates and international capital flows or, equivalently, between domestic saving rates and domestic investment. The basic conclusion of the present analysis is that an increase in domestic saving has a
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1989-11-01
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