메뉴 건너뛰기




Volumn 35, Issue 2, 2003, Pages 217-222

Exchange rate regimes and the Feldstein-Horioka puzzle: The French evidence

Author keywords

[No Author keywords available]

Indexed keywords

EXCHANGE RATE; INVESTMENT; MONETARY POLICY; SAVINGS;

EID: 0037455018     PISSN: 00036846     EISSN: None     Source Type: Journal    
DOI: 10.1080/0003684021000025397     Document Type: Article
Times cited : (22)

References (25)
  • 3
    • 0034239547 scopus 로고    scopus 로고
    • The saving retention coefficient in the long run and in the short run: Evidence from panel data
    • Coiteux, M. and Oliver, S. (2000) The saving retention coefficient in the long run and in the short run: Evidence from panel data, Journal of International Money and Finance, 19, 535-48.
    • (2000) Journal of International Money and Finance , vol.19 , pp. 535-548
    • Coiteux, M.1    Oliver, S.2
  • 4
    • 0000472488 scopus 로고
    • Likelihood ratio statistics for autoregressive time series with a unit root
    • Dickey, D. A. and Fuller, W. A. (1981) Likelihood ratio statistics for autoregressive time series with a unit root, Econometrica, 49, 1057-72.
    • (1981) Econometrica , vol.49 , pp. 1057-1072
    • Dickey, D.A.1    Fuller, W.A.2
  • 5
    • 0000348336 scopus 로고
    • International capital mobility: What do saving-investment correlations tell us?
    • Dooley, M., Frankel, J. and Mathieson, D. (1987) International capital mobility: What do saving-investment correlations tell us? IMF Staff Papers, 34(3), 503-30.
    • (1987) IMF Staff Papers , vol.34 , Issue.3 , pp. 503-530
    • Dooley, M.1    Frankel, J.2    Mathieson, D.3
  • 6
    • 0000013567 scopus 로고
    • Cointegration and error-correction: Representation, estimation, and testing
    • Engle, R. and Granger, C. W. J. (1987) Cointegration and error-correction: Representation, estimation, and testing, Econometrica, 55(2), 251-76.
    • (1987) Econometrica , vol.55 , Issue.2 , pp. 251-276
    • Engle, R.1    Granger, C.W.J.2
  • 7
    • 84990172291 scopus 로고
    • Domestic saving and international capital flows
    • Feldstein, M. S. and Horioka, C. Y. (1980) Domestic saving and international capital flows, Economic Journal, 90, 314-29.
    • (1980) Economic Journal , vol.90 , pp. 314-329
    • Feldstein, M.S.1    Horioka, C.Y.2
  • 8
    • 0008312427 scopus 로고    scopus 로고
    • Residual-based tests for cointegration in models with regime shifts
    • Gregory, A. W. and Hansen, B. E. (1996) Residual-based tests for cointegration in models with regime shifts, Journal of Econometrics, 70, 99-126.
    • (1996) Journal of Econometrics , vol.70 , pp. 99-126
    • Gregory, A.W.1    Hansen, B.E.2
  • 10
    • 0001509895 scopus 로고
    • The causal direction between money and prices: An alternative approach
    • Hoover, K. D. (1991) The causal direction between money and prices: An alternative approach, Journal of Monetary Economics, 27, 381-423.
    • (1991) Journal of Monetary Economics , vol.27 , pp. 381-423
    • Hoover, K.D.1
  • 11
    • 0345510809 scopus 로고
    • Statistical analysis of cointegration vectors
    • Johansen, S. (1988) Statistical analysis of cointegration vectors, Journal of Economic Dynamics and Control, 12(2/3), 231-54.
    • (1988) Journal of Economic Dynamics and Control , vol.12 , Issue.2-3 , pp. 231-254
    • Johansen, S.1
  • 12
    • 38249011258 scopus 로고
    • Cointegration in partial systems and the efficiency of single equation analysis
    • Johansen, S. (1992) Cointegration in partial systems and the efficiency of single equation analysis, Journal of Econometrics, 52, 389-402.
    • (1992) Journal of Econometrics , vol.52 , pp. 389-402
    • Johansen, S.1
  • 13
    • 34247480179 scopus 로고
    • Testing the null hypothesis of stationarity against the alternative of a unit root
    • Kwiatkowski, D., Phillips, P. C. B., Schmidt, P. and Shin, Y. (1992) Testing the null hypothesis of stationarity against the alternative of a unit root, Journal of Econometrics, 54, 159-78.
    • (1992) Journal of Econometrics , vol.54 , pp. 159-178
    • Kwiatkowski, D.1    Phillips, P.C.B.2    Schmidt, P.3    Shin, Y.4
  • 14
    • 0031285275 scopus 로고    scopus 로고
    • On stationarity tests in the presence of structural breaks
    • Lee, J., Huang, C. and Shin, Y. (1997) On stationarity tests in the presence of structural breaks, Economic Letters, 55, 165-72.
    • (1997) Economic Letters , vol.55 , pp. 165-172
    • Lee, J.1    Huang, C.2    Shin, Y.3
  • 15
    • 0028875407 scopus 로고
    • The quantity approach to financial integration: The Feldstein-Horioka criterion revisited
    • Lemmen, J. J. G. and Eijfinger, S. J. W. (1995) The quantity approach to financial integration: The Feldstein-Horioka criterion revisited, Open Economies Review, 6(2), 145-65.
    • (1995) Open Economies Review , vol.6 , Issue.2 , pp. 145-165
    • Lemmen, J.J.G.1    Eijfinger, S.J.W.2
  • 16
    • 0001866788 scopus 로고    scopus 로고
    • Investment-saving comovement and capital mobility: Evidence from century long US time series
    • Levy, D. (2000) Investment-saving comovement and capital mobility: Evidence from century long US time series, Review of Economic Dynamics, 3, 100-36.
    • (2000) Review of Economic Dynamics , vol.3 , pp. 100-136
    • Levy, D.1
  • 17
    • 0002378331 scopus 로고
    • Critical values for cointegration tests
    • R. W. Engle and C. W. J., Granger (eds.), Oxford University Press: Oxford
    • MacKinnon, J. (1991) Critical values for cointegration tests. In R. W. Engle and C. W. J., Granger (eds.), Long-Run Economic Relationships, Oxford University Press: Oxford.
    • (1991) Long-Run Economic Relationships
    • MacKinnon, J.1
  • 18
    • 0002008010 scopus 로고
    • Are saving and investment cointegrated?
    • Miller, S. M. (1988) Are saving and investment cointegrated? Economic Letters, 27, 31-4.
    • (1988) Economic Letters , vol.27 , pp. 31-34
    • Miller, S.M.1
  • 20
    • 0039193070 scopus 로고    scopus 로고
    • The six major puzzles in international macroeconomics: Is there a common cause?
    • Obstfeld, M. and Rogoff, K. (2000) The six major puzzles in international macroeconomics: Is there a common cause? NBER Working Paper Series, No. 7777.
    • (2000) NBER Working Paper Series, No. 7777
    • Obstfeld, M.1    Rogoff, K.2
  • 21
    • 0000631178 scopus 로고
    • A note with quantiles of the asymptotic distribution of the ML cointegration rank test statistics
    • Osterwald-Lenum, M. (1992) A note with quantiles of the asymptotic distribution of the ML cointegration rank test statistics, Oxford Bulletin of Economics and Statistics, 54, 461-72.
    • (1992) Oxford Bulletin of Economics and Statistics , vol.54 , pp. 461-472
    • Osterwald-Lenum, M.1
  • 22
    • 0001561726 scopus 로고    scopus 로고
    • Further evidence on breaking functions in macroeconomic variables
    • Perron, P. (1997) Further evidence on breaking functions in macroeconomic variables, Journal of Econometrics, 80, 355-85.
    • (1997) Journal of Econometrics , vol.80 , pp. 355-385
    • Perron, P.1
  • 23
    • 84959818799 scopus 로고
    • Statistical inference in instrumental variables regression with I(1) processes
    • Phillips, P. C. B. and Hansen, B. E. (1990) Statistical inference in instrumental variables regression with I(1) processes, Review of Economic Studies, 57, 99-125.
    • (1990) Review of Economic Studies , vol.57 , pp. 99-125
    • Phillips, P.C.B.1    Hansen, B.E.2
  • 24
    • 20444426548 scopus 로고    scopus 로고
    • Exchange controls, international capital flows and saving-investment correlations in the UK: An empirical investigation
    • Sarno, L. and Taylor, M. P. (1998) Exchange controls, international capital flows and saving-investment correlations in the UK: An empirical investigation, Weltwirtschaftliches Archiv, 134(1), 69-98.
    • (1998) Weltwirtschaftliches Archiv , vol.134 , Issue.1 , pp. 69-98
    • Sarno, L.1    Taylor, M.P.2
  • 25
    • 38249019323 scopus 로고
    • What do saving-investment relationships tell us about capital mobility?
    • Wong, D. (1990) What do saving-investment relationships tell us about capital mobility? Journal of International Money and Finance, 9, 60-74.
    • (1990) Journal of International Money and Finance , vol.9 , pp. 60-74
    • Wong, D.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.