The Feldstein–Horioka Puzzle or Paradox after 44 years: a fallacy of composition
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DOI: 10.1007/s42973-024-00153-w
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- Charles Yuji Horioka, 2024. "The Feldstein-Horioka Puzzle or Paradox after 44 Years: A Fallacy of Composition," ISER Discussion Paper 1231, Institute of Social and Economic Research, Osaka University.
- Charles Yuji Horioka, 2024. "The Feldstein-Horioka Puzzle or Paradox after 44 Years: A Fallacy of Composition," Discussion Paper Series DP2024-03, Research Institute for Economics & Business Administration, Kobe University.
- Charles Yuji Horioka, 2024. "The Feldstein-Horioka Puzzle or Paradox after 44 Years: A Fallacy of Composition," ISER Discussion Paper 1243, Institute of Social and Economic Research, Osaka University.
References listed on IDEAS
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Cited by:
- Hiroya Tanaka & Keiichi Hori & Akihisa Shibata, 2024. "Search-for-Yield and Home Bias under Quantitative Easing," KIER Working Papers 1106, Kyoto University, Institute of Economic Research.
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More about this item
Keywords
Capital controls; Fallacy of composition; Feldstein–Horioka Finding; Feldstein–Horioka Puzzle or Paradox; Frictions in financial markets; Frictions in goods markets; Global interest rate; Globalization and liberalization of financial markets; Interest parity; Interest rate equalization; International capital flows; International capital mobility; Saving-investment correlations; Saving retention coefficient; Trade costs; Trade frictions;All these keywords.
JEL classification:
- F15 - International Economics - - Trade - - - Economic Integration
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
- F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
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