The Feldstein-Horioka Puzzle Revisited
AbstractThis article corroborate the evidence that the Feldstein-Horioka test do not reflect capital mobility in the real side of economics, but just the variability between external and domestic saving.
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Bibliographic InfoPaper provided by EconWPA in its series International Trade with number 9904001.
Date of creation: 09 Apr 1999
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Feldstein-Horioka puzzle; capital mobility;
Other versions of this item:
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
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