How Long to Read Reexamining the National Savings-Investment Nexus Across Time and Countries

How Long Does it Take to Read Reexamining the National Savings-Investment Nexus Across Time and Countries?

It takes the average reader and 35 minutes to read Reexamining the National Savings-Investment Nexus Across Time and Countries by Antonio David

Assuming a reading speed of 250 words per minute. Learn more

Description

Domestic savings and investment are positively correlated across countries and through time, as Feldstein-Horioka (FH) unveiled 40 years ago. We argue that an interpretation of this correlation based on market failures is more consistent with data patterns than alternative hypotheses. Moreover, resorting to instrumental variables techniques, we conclude that the relationship is causal: an exogenous rise in savings increases investment. This result holds in the full sample of countries and for emerging and developing economies, but there is evidence that the positive association in advanced economies is due to endogeneity bias. The core of our identification strategy relies on the idea that population age structure influences savings, but not total investment directly. Specifically, we use the share of adults in the [35-49] years of age bracket as an instrument for savings. Our estimates pass weak-instruments robust inference.

How long is Reexamining the National Savings-Investment Nexus Across Time and Countries?

Reexamining the National Savings-Investment Nexus Across Time and Countries by Antonio David is 35 pages long, and a total of 8,925 words.

This makes it 12% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read Reexamining the National Savings-Investment Nexus Across Time and Countries Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 48 minutes to read Reexamining the National Savings-Investment Nexus Across Time and Countries aloud.

What Reading Level is Reexamining the National Savings-Investment Nexus Across Time and Countries?

Reexamining the National Savings-Investment Nexus Across Time and Countries is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Reexamining the National Savings-Investment Nexus Across Time and Countries?

Reexamining the National Savings-Investment Nexus Across Time and Countries by Antonio David is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Reexamining the National Savings-Investment Nexus Across Time and Countries by Antonio David on Amazon click the button below.