International Capital Mobility and Saving-Investment Nexus in Nigeria: Revisiting Feldstein-Horioka Hypothesis
نویسندگان
چکیده
منابع مشابه
International Capital Mobility Revisited: Resurrecting the Feldstein-Horioka Hypothesis*
In this paper we resolve the long standing Feldstein-Horioka (FH, 1980) puzzle dynamically and explain it statistically. We first study the dynamic properties of capital mobility, and re-estimate the evolution of the FH coefficient using a time-varying-parameter model for each of 67 countries from 1970 to 2009. We find that the trend of the FH coefficient is highly consistent with increased glo...
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ژورنال
عنوان ژورنال: Science Journal of Business and Management
سال: 2015
ISSN: 2331-0626
DOI: 10.11648/j.sjbm.20150304.14