1 option
The Feldstein-Horioka fact / Domenico Giannone, Michele Lenza.
- Format:
- Book
- Author/Creator:
- Giannone, Domenico.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w15519.
- NBER working paper series no. w15519
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2009.
- Summary:
- This paper shows that general equilibrium effects can partly rationalize the high correlation between saving and investment rates observed in OECD countries. We find that once controlling for general equilibrium effects the saving-retention coefficient remains high in the 70's but decreases considerably since the 80's, consistently with the increased capital mobility in OECD countries.
- Notes:
- November 2009.
- Print version record
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