Human capital and the Feldstein-Horioka puzzle

In this paper we reexamine the Feldstein-Horioka finding of limited international capital mobility by using a broader view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to this change.

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Year of publication:	2007
Authors:	Katsimi, Margarita ; Moutos, Thomas
Publisher:	Munich : Center for Economic Studies and ifo Institute (CESifo)
Subject:	Feldstein-Horioka-Paradoxon \| Humankapital \| Internationale Kapitalmobilität \| Schätzung \| Welt

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Series:	CESifo Working Paper ; 1914
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	538029048 [GVK] hdl:10419/25959 [Handle]
Classification:	E2 - Consumption, Saving, Production, Employment, and Investment ; F2 - International Factor Movements and International Business ; I2 - Education ; Q4 - Energy
Source:	EconStor

Persistent link: https://www.econbiz.de/10010264066