Holmes, Mark J.; Otero, Jesús - In: International Review of Economics & Finance 33 (2014) C, pp. 1-11
We re-examine two complementary views of international capital mobility using data for 25 OECD countries over the period 1970–2011. Estimation of the original Feldstein–Horioka and Sachs' equations provides mixed evidence of capital mobility, though we do not detect a significant bias...