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The Saving Glut Explanation of Global Imbalances. The Role of Underinvestment

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(1)DEPARTMENT OF ECONOMICS. EUI Working Papers ECO 2009/41 DEPARTMENT OF ECONOMICS. THE SAVING GLUT EXPLANATION OF GLOBAL IMBALANCES: THE ROLE OF UNDERINVESTMENT. Flavia Corneli.

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(3) EUROPEAN UNIVERSITY INSTITUTE, FLORENCE. DEPARTMENT OF ECONOMICS. The Saving Glut Explanation of Global Imbalances: The Role of Underinvestment FLAVIA CORNELI. EUI Working Paper ECO 2009/41.

(4) This text may be downloaded for personal research purposes only. Any additional reproduction for other purposes, whether in hard copy or electronically, requires the consent of the author(s), editor(s). If cited or quoted, reference should be made to the full name of the author(s), editor(s), the title, the working paper or other series, the year, and the publisher. ISSN 1725-6704. © 2009 Flavia Corneli Printed in Italy European University Institute Badia Fiesolana I – 50014 San Domenico di Fiesole (FI) Italy www.eui.eu cadmus.eui.eu.

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