Please use this identifier to cite or link to this item:
https://hdl.handle.net/10316/7911
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Andrade, João | - |
dc.date.accessioned | 2009-02-17T10:47:34Z | - |
dc.date.available | 2009-02-17T10:47:34Z | - |
dc.date.issued | 2008 | en_US |
dc.identifier.citation | Transition Studies Review. 15:1 (2008) 21-36 | en_US |
dc.identifier.uri | https://hdl.handle.net/10316/7911 | - |
dc.description.abstract | Abstract The Feldstein–Horioka thesis was considered one of the greatest puzzles in economics. Formulated to measure international capital mobility, it has known a process of immunization to be conformed to empirical evidence and respect econometric knowledge. We apply to EU countries a formulation of this thesis which is adequate to test external sustainability and measure international capital mobility. Applying appropriate econometric methods we can accept the hypothesis of external unsustainability for the EU before the enlargement. The enlargement allows the external sustainability of the new EU. The lesser mobility of capital in the countries of the enlargement must be considered as a positive shock on EU industry of financial services. | en_US |
dc.language.iso | eng | eng |
dc.rights | openAccess | eng |
dc.title | European integration and external sustainability of the European Union: an application of the thesis of Feldstein and Horioka | en_US |
dc.type | article | en_US |
dc.identifier.doi | 10.1007/s11300-008-0164-5 | en_US |
uc.controloAutoridade | Sim | - |
item.grantfulltext | open | - |
item.fulltext | Com Texto completo | - |
item.openairetype | article | - |
item.languageiso639-1 | en | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
item.cerifentitytype | Publications | - |
crisitem.author.researchunit | Group for Monetary and Financial Studies | - |
crisitem.author.researchunit | CeBER – Centre for Business and Economics Research | - |
crisitem.author.orcid | 0000-0003-0999-2264 | - |
Appears in Collections: | FEUC- Artigos em Revistas Internacionais |
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