Title:A Functional Coefficient Model View of the Feldstein-Horioka Puzzle Author(s):HERWARTZ, Helmut; XU, FangDate:2010Citation:
- Journal of International Money and Finance, 2010, 29, 1, 37-54
Type:ArticleAbstract:What does the saving-investment (SI) relation really measure and how should the SI relation be measured? These are two of the most discussed issues triggered by the so-called Feldstein-Horioka puzzle. Based on panel data ...