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A dynamic theory of the Feldstein-Horioka puzzle and financial frictions: Re-estimation of the saving retention coefficient

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  • Harutaka Takahashi

    (Graduate School of Economics, Kobe University)

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  • Harutaka Takahashi, 2020. "A dynamic theory of the Feldstein-Horioka puzzle and financial frictions: Re-estimation of the saving retention coefficient," Discussion Papers 2007, Graduate School of Economics, Kobe University.
    • Handle: RePEc:koe:wpaper:2007
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    File URL: http://www.econ.kobe-u.ac.jp/RePEc/koe/wpaper/2020/2007.pdf
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    References listed on IDEAS

    as
    1. Aart Kraay & Jaume Ventura, 2000. "Current Accounts in Debtor and Creditor Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(4), pages 1137-1166.
    2. Georgopoulos, George J. & Hejazi, Walid, 2005. "Feldstein-Horioka meets a time trend," Economics Letters, Elsevier, vol. 86(3), pages 353-357, March.
    3. But, Boris & Morley, Bruce, 2017. "The Feldstein-Horioka puzzle and capital mobility: The role of the recent financial crisis," Economic Systems, Elsevier, vol. 41(1), pages 139-150.
    4. Feldstein, Martin & Horioka, Charles, 1980. "Domestic Saving and International Capital Flows," Economic Journal, Royal Economic Society, vol. 90(358), pages 314-329, June.
    5. Yan Bai & Jing Zhang, 2010. "Solving the Feldstein-Horioka Puzzle With Financial Frictions," Econometrica, Econometric Society, vol. 78(2), pages 603-632, March.
    6. Javed Younas & Debasish Chakraborty, 2011. "Globalization and the Feldstein-Horioka puzzle," Applied Economics, Taylor & Francis Journals, vol. 43(16), pages 2089-2096.
    7. Coakley, Jerry & Kulasi, Farida & Smith, Ron, 1998. "The Feldstein-Horioka Puzzle and Capital Mobility: A Review," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 3(2), pages 169-188, April.
    8. Apergis, Nicholas & Tsoumas, Chris, 2009. "A survey of the Feldstein-Horioka puzzle: What has been done and where we stand," Research in Economics, Elsevier, vol. 63(2), pages 64-76, June.
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