Obstfeld, Maurice; Rogoff, Kenneth - Institute of Business and Economic Research (IBER), … - 2000
elucidates J. McCallum's home bias in trade puzzle, the Feldstein-Horioka saving-investment puzzle, the French-Poterba equity … home bias puzzle, and the Backus-Kehoe-Kydland consumption correlations puzzle. That one simple alteration to an otherwise …