A Note on Human Capital and the Feldstein-Horioka Puzzle

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.

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Year of publication:	2007
Authors:	Katsimi, Margarita ; Moutos, Thomas
Institutions:	Institut für Weltwirtschaft (IfW)
Subject:	human capital \| current account \| investment-saving correlation \| capital mobility

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Extent:	application/pdf
Series:	Economics Discussion Papers. - ISSN 1867-8009.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2007-30
Classification:	Q4 - Energy ; F2 - International Factor Movements and International Business ; I2 - Education ; E2 - Consumption, Saving, Production, Employment, and Investment
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005083333