Feldstein-Horioka
European integration and the Feldstein Horioka Puzzle
... The introduction of the single market involved the removal of capital controls with obvious implications for equation (2) above. The introduction of EMU may also have been important. Regions within countries do not face ...
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Has China's Interregional Capital Mobility Been Low? A Spatial Econometric Estimation of the Feldstein Horioka Equation
... fiscal incentives for local governments to boost their economies. While such decen- tralization achieved some success in economic development, arguments have been put forward that it decreased the central government’s ...
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The Feldstein Horioka puzzle and the global recession period: Evidence from South Africa using asymmetric cointegration analysis
... the Feldstein-Horioka coefficient for South Africa using momentum threshold cointegration and error correction techniques applied to quarterly national savings-investment time series collected between ...
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A Time Series Approach to the Feldstein Horioka Puzzle with Panel Data from the OECD Countries
... A Time Series Approach to the Feldstein-Horioka Puzzle with Panel Data from the OECD Countries Kumar, Saten and Rao, B.. Bhaskara Auckland University of Technology, University of Western[r] ...
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The Feldstein –Horioka Puzzle and structural breaks: evidence from EU members
... the Feldstein-Horioka puzzle proposed by Feldstein and Horioka (1980) in order to investigate relations between saving and investment ...
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Revisit Feldstein Horioka puzzle: evidence from Malaysia (1960 2015)
... the Feldstein-Horioka puzzle – the mother of all puzzles – to uncover whether there exists a long-run relationship between domestic investment and domestic savings for the case of ...the ...
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Twin Deficit Hypothesis and Feldstein Horioka Hypothesis: Case Study of Indonesia
... Based on the estimation result of long-run and short-run ARDL models, the coefficient of the independent variables in both models are consistent with the theory of Twin Deficit Hypothesis and the Feldstein - ...
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The Feldstein - Horioka Paradox, A Case Study of Turkey
... The Feldstein and Horioka (1980) is one of the globally reviewed issues in international finance and ...the Feldstein-Horioka paradox is a puzzle in ...
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The Feldstein –Horioka Puzzle and structural breaks: Evidence from the largest countries of Asia
... The purpose of this paper is to investigate the level of capital mobility in the largest economies of Asia by testing the Feldstein-Horioka puzzle. Panel estimations using quarterly data for the period from ...
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The Feldstein Horioka Puzzle by groups of OECD members: the panel approach
... This paper investigates investment savings relationships in 26 OECD countries and how these relationships change when countries in the considered panel vary. Therefore panel estimations using annual data for the period ...
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International capital mobility in an era of globalisation: adding a political dimension to the 'Feldstein–Horioka Puzzle'
... the Feldstein-Horioka tradition reveals, the actual flow of capital away from market-replacing policy regimes, and towards market-conforming policy regimes, is not as pronounced as the conventional wisdom ...
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Systems GMM estimates of the Feldstein Horioka puzzle for the OECD countries and tests for structural breaks
... The high correlation between domestic savings and investment is a stylized fact. Well known as the Feldstein-Horioka puzzle (henceforth FHP) it started with the seminal work of Feldstein and ...
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International Capital Mobility and Saving Investment Nexus in Nigeria: Revisiting Feldstein Horioka Hypothesis
... of Feldstein-Horioka (1980) hypothesis using Nigerian data (1980-2014) by relying on the ARDL Bounds testing approach to co-integration and vector error correction model ...
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Co-integration Between Savings and Investment in India and the U.S.: An Econometric Analysis of Feldstein-Horioka Hypothesis
... Bai and Zhang (2010) in their paper solve the FH puzzle by introducing two types of financial frictions - limited enforcement and limited spanning. The first one refers to - contracts being enforced by the threat of ...
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Revisiting the Feldstein Horioka Hypothesis of savings, investment and capital mobility: evidence from 27 EU countries
... by Feldstein-Horioka (1980) have been subjected to a great variety of criticisms and still a debatable model to many researchers, but their basic model and testing procedure(with econometric corrections) is ...
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Feldstein-Horioka Puzzle and International Capital Mobility in High Income Countries: A Pool Mean Group Approach
... The degree of international capital mobility across countries has long been subject of concern, especially to policy makers. The fact that higher capital mobility is synonymous with higher financial integration attracted ...
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The Feldstein Horioka puzzle and a new measure of international capital mobility
... the Feldstein-Horioka approach, namely that inference on international capital mobility is possible from savings and investment data alone, can be ...
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Measuring Capital Mobility: A Review of the Feldstein-Horioka Approach
... the assumption on the importance of financial integration for the growth of an economy. But also we will show that this integration can cause a problem of external sustainability as a result of imbalances between ...
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CAPITAL MOBILITY AND FELDSTEIN HORIOKA PUZZLE IN INDIA
... by Feldstein and Horioka in ...as Feldstein- Horioka ...whether Feldstein-Horioka Puzzle is supported by saving investment behaviour in India or their proposed criteria for ...
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Testing the validity of the Feldstein Horioka puzzle for Australia
... Low capital mobility among OECD countries, signified by a high saving-investment (S-I) correlation and known as the Feldstein-Horioka (henceforth F-H) puzzle, has set off a vigorous debate in the empirical ...
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