Is the Feldstein-Horioka Puzzle Valid in OECD Countries?

Authors : Ceren Pehlivan, Özge Korkmaz

Pages : 317-337

Doi:10.25229/beta.1594118

View : 52 | Download : 54

Publication Date : 2025-02-28

Article Type : Research Paper

Abstract :Investments and savings are regarded as critical components in the evolution of economic performance. Both are employed to stimulate economic development and growth. Based on international capital movements, the Feldstein-Horioka puzzle investigated the relationship between savings and investment. The validity of the Feldstein-Horioka puzzle was investigated in this investigation for the years 1990-2021, covering OECD countries.
Keywords : Feldstein-Horioka Bulmacası, Tasarruf, Yatırım, Westerlund (2007) Eşbütünleşme Testi