Domestic Save and Investment: Exogeneity Tests
12 Pages Posted: 17 May 2000
Date Written: undated
Abstract
This paper does some exogeneity tests in the equation proposed by Feldstein-Horioka (1980). The main finding is that domestic saving is super exogenous in the Feldstein-Horioka equation. That is, the Lucas critic does not applies.
JEL Classification: F21, C22
Suggested Citation: Suggested Citation
Sachsida, Adolfo, Domestic Save and Investment: Exogeneity Tests (undated). Available at SSRN: https://ssrn.com/abstract=218755 or http://dx.doi.org/10.2139/ssrn.218755
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