Ríos, Víctor-Hugo Alcalá; Zaldívar, Manuel Gómez; … - In: Estudios Económicos 26 (2011) 2, pp. 293-313
The Feldstein-Horioka Paradox is an empirical regularity that calls into question the validity of the assumption about perfect capital mobility. We study the savings-investment relationship in Mexico from 1950 to 2007 by means of a cointegration analysis that allows for structural breaks. The...