National Bureau of Economic Research
NBER: Adam Smith on the Feldstein-Horioka Puzzle

Adam Smith on the Feldstein-Horioka Puzzle

From: James Poterba <poterba_at_nber.org>
Date: Wed, 02 Jun 2010 09:23:30 -0400

Dear IFM Program Members:
     The attached very short paper by Ayumu Yasutomi and Charles
Horioka, which describes Adam Smith's analysis of the positive
cross-country correlation between saving and investment, did not seem
suitable for the NBER working paper series, but I thought that you might
nevertheless find it of interest. All best wishes.
Jim Poterba

Received on Wed Jun 02 2010 - 09:23:30 EDT