, which is that even though global financial markets appear to be integrated, levels of saving and investment are correlated …

, which is that even though global financial markets appear to be integrated, levels of saving and investment are correlated …

investment rate on the domestic saving rate, the estimated coefficient is significantly larger than what would be expected in a … world characterized by high capital mobility) should have never been labeled as such. First, we show that the investment and … investment, and domestic saving. This implies that the estimate of the coefficient of the saving rate in the Feldstein …

investment rate on the domestic saving rate, the estimated coefficient is significantly larger than what would be expected in a … world characterized by high capital mobility) should have never been labeled as such. First, we show that the investment and … capital account to their regression, one gets the accounting identity that relates the capital account, domestic investment …

Based on the relation between investment and domestic saving proposed by Feldstein and Horioka (1980) to verify capital … autoregressive (SVAR) involving investment and saving in order to evaluate the effect of exogenous shocks through impulse response … showed that investment is sensitive to contemporaneous innovation on saving and this effect lasts for a long time. Regarding …

between domestic and external savings. Furthermore, it concludes that the Coakley, Kulasi & Smith (1996) test for current …

This paper argues that the 40-year-old Feldstein-Horioka “puzzle” (i.e., in a regression of the domestic investment … capital mobility) should have never been labeled as such. First, we show that the series of investments and savings typically … to their regression, one gets the accounting identity that relates the capital account, domestic investment, and domestic …

This paper estimates the domestic saving-investment correlations for 189 countries in the period 1980-2020 to study if … regression results show that all the saving-investment correlation coefficients are statistically significant at a 1% level and …

The finding of Feldstein and Horioka (1980) that domestic saving and domestic investment are highly correlated across … and that the Feldstein-Horioka Finding of domestic saving and domestic investment being highly correlated across countries …