This paper reviews how economists responded to the Feldstein -Horioka (FH) view that a high saving-investment association across OECD countries implied low capital mobility. This posed an uncomfortable puzzle since the conventional wisdom in most exchange rate and open-economy macroeconomic models w
✦ LIBER ✦
International capital mobility: linking the Feldstein-Horioka puzzle to the trade and equity home bias puzzles
✍ Scribed by Kool, C. J. M.; Keijzer, L. M.
- Book ID
- 115467369
- Publisher
- Oxford University Press
- Year
- 2009
- Tongue
- English
- Weight
- 216 KB
- Volume
- 2
- Category
- Article
- ISSN
- 1752-1378
No coin nor oath required. For personal study only.
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