The Feldstein–Horioka puzzle and capital mobility: a review

作者: Jerry Coakley , Farida Kulasi , Ron Smith

DOI: 10.1002/(SICI)1099-1158(199804)3:2<169::AID-IJFE74>3.0.CO;2-H

关键词: Capital (economics)EconomicsOecd countriesMacroeconomic modelInvestment (macroeconomics)MacroeconomicsFeldstein–Horioka puzzleExchange rateMonetary economicsConventional wisdomCurrent account

摘要: … use a linear version of the partial equilibrium model of Feldstein (1983) to examine the identification problem. This is a classical model in which national saving and investment and for…

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