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Title:A Note on Human Capital and the Feldstein-Horioka Puzzle PDF Logo
Authors:Katsimi, Margarita
Moutos, Thomas
Issue Date:2007
Series/Report no.:Economics Discussion Papers / Institut für Weltwirtschaft 2007-30
Abstract:In this paper we reexamine the Feldstein-Horioka finding of limited international capital mobility by using a broader view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to this change.
Subjects:human capital
current account
investment-saving correlation
capital mobility
JEL:Q4
F2
I2
E2
Creative Commons License:http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
Document Type:Working Paper
Appears in Collections:Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers

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