Domestic Save and Investment: Exogeneity Tests

12 Pages Posted: 17 May 2000

See all articles by Adolfo Sachsida

Adolfo Sachsida

Institute for Applied Economic Research (IPEA); Institute of Applied Economic Research (IPEA)

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

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

Adolfo Sachsida (Contact Author)

Institute for Applied Economic Research (IPEA) ( email )

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HOME PAGE: http://www.bdadolfo.blogspot.com

Institute of Applied Economic Research (IPEA) ( email )

Av. Pres. Antonio Carlos , 51 - 17 andar
Rio de Janeiro, RJ, 20020-010
Brazil

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