Evans, Paul; Kim, Bong-Han; Oh, Keun-Yeob - In: Journal of International Money and Finance 27 (2008) 5, pp. 806-815
This paper uses a model with time-varying coefficients in order to track changes in Feldstein-Horioka saving-retention coefficients over time. To the extent that such coefficients measure international capital mobility, the main empirical findings are as follows. First, the stability of the...