Feldstein-horioka puzzle
Tīmeklis2024. gada 30. sept. · In this paper, we revisited the Feldstein–Horioka saving‐investment puzzle, and augment their investment equation with factors that … Tīmeklis2008. gada 1. marts · The Feldstein–Horioka puzzle: Toward a threshold specificationThe basis of our empirical approach is exactly the same as that used by many authors since the seminal paper of Feldstein and Horioka (1980). It consists of evaluating the mobility of capital for a panel of N countries.
Feldstein-horioka puzzle
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Tīmeklis2024. gada 29. nov. · 摘 要： The international equity home bias puzzle about the disproportionate concentration of home equities first appears in Feldstein and Horioka (1980) and French and Porteba (1991). It has inspired a substantial follow-up literature including Coval and Moskowitz (1999) and Huberman (2001) reporting that it persists … TīmeklisThe Feldstein–Horioka puzzle in the presence of structural breaks: evidence from China. ABSTRACT This study explores the empirical validity of the Feldstein …
Tīmeklis2004. gada 12. aug. · A country's intertemporal budget constraint implies current account stationarity or that its saving and investment rates should cointegrate. However, such behaviour may not pertain in finite sample spans where the current account could be subject to persistent shocks. Accordingly, this paper reconsiders the Feldstein … TīmeklisThis paper argues that the 40-year-old Feldstein-Horioka “puzzle” (i.e., that in a regression of the domestic investment rate on the domestic saving rate, the …
TīmeklisThis deepens the Feldstein–Horioka puzzle because the mobility of capital is generally believed to be much lower in emerging economies than in advanced economies, and … TīmeklisIn other words, Feldstein Horioka puzzle is hold in Jordan. On the other hand, results reveal that (69%) of disequilibrium in investment produced by saving will be corrected annually. The study recommends that government and institutions of civil community should enhance and commitment to build a cultural move toward less consumption …
TīmeklisThis puzzle, famously discussed in a paper by Robert Lucas in 1990, is often referred to as the "Lucas Paradox." ... Feldstein–Horioka puzzle; Dependency theory; References This page was last edited on 1 March 2024, at 20:24 (UTC). Text is available under the Creative ...
TīmeklisThis puzzle, famously discussed in a paper by Robert Lucas in 1990, is often referred to as the "Lucas Paradox." ... Feldstein–Horioka puzzle; Dependency theory; … emoji deuilTīmeklisNotwithstanding that there is no consensus in the literature concerning the presence and mechanics of Feldstein- Horioka puzzle, all results were found susceptible to country groupings and time periods. By using (i) Feldstein and Horioka’s (1980) emoji dedo okTīmeklis2024. gada 1. marts · Feldstein and Horioka (1980) interpret the high savings-investment correlation as an indicator of low capital mobility. This interpretation is clearly a puzzle, the so-called Feldstein–Horioka (FH) puzzle, as we have noticed a high degree of capital mobility in increasingly integrated financial markets over the last … emoji di whatsappTīmeklisFrictions (barriers to mobility) in one or both of these markets can impede net transfers of capital between countries, produce the Feldstein and Horioka (1980) results, and prevent real interest rates from being equalized across countries. Moreover, there is empirical evidence that barriers to the mobility of goods and services are an ... tegelmegastoreTīmeklis2014. gada 1. nov. · 1. Introduction. The high correlation between national saving and investment in advanced economies—the Feldstein–Horioka (FH) puzzle, first documented by Feldstein and Horioka (1980) —has been referred to as the “mother of all puzzles” (Obstfeld and Rogoff, 2000, p. 175).As Baxter and Crucini (1993) … tegelusvihikTīmeklis2010. gada 1. marts · Solving the Feldstein–Horioka Puzzle With Financial Frictions. Unlike the prediction of a frictionless open economy model, long‐term average savings and investment rates are highly correlated across countries—a puzzle first identified by Feldstein and Horioka (1980). We quantitatively investigate the impact of two types … tegelpanna viktTīmeklisThe "Real" Explanation of the Feldstein-Horioka Puzzle. Nicholas Ford & Charles Yuji Horioka. Working Paper 22081. DOI 10.3386/w22081. Issue Date March 2016. This … tegelmuseum hemiksem