La movilidad del ahorro y la inversión en México
A number of empirical studies have concluded that capital is internationally immobile. This result contradicts the empirical observation that a large volume of capital is traded every day in international capital markets. Is capital internationally mobile or not? This is the well-known Feldstein-Hor...
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| Formato: | Online |
| Idioma: | espanhol |
| Editor: |
El Colegio de México, A.C.
1999
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| Acesso em linha: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/225 |
| Recursos: |
Estudios Económicos |
| Resumo: | A number of empirical studies have concluded that capital is internationally immobile. This result contradicts the empirical observation that a large volume of capital is traded every day in international capital markets. Is capital internationally mobile or not? This is the well-known Feldstein-Horioka paradox. By estimating savings retention coefficients, we find that in Mexico, capital was immobile during the 1960's and 1970's but mobile during the 1980's and 1990's. |
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