This study investigates the recent trend of Feldstein-Horioka puzzle and underlying reasons for moderation in capital flows. issue is analysed quite inadequately period after Global Financial Crisis, which represents a crucial turning point economic climate policies. The Puzzle estimated using World’s 13 largest economies, with panel GMM regression, between 1996 2016. We uncover that Crisis had...

Pelagidis and Mastroyiannis [Pelagidis, T., & Mastroyiannis, T. (2003). The saving–investment correlation in Greece, 1960–1997: Implications for capital mobility. Journal of Policy Modeling] using the cointegration methodology proposed by Jansen and Schulze [Jansen, W.J., & Schulze, G.G. (1993). Theory-based measurement for the saving–investment correlation with an application to Norway. Discus...

This paper uses a model with time-varying coefficients in order to track changes in Feldstein–Horioka saving-retention coefficients over time. To the extent that such coefficients measure international capital mobility, the main empirical findings are as follows. First, the stability of the saving-retention coefficient is strongly rejected. Second, capital has long been perfectly mobile in Cana...