Why is Capital so Immobile Internationally?: Possible Explanations and Implications for Capital Income Taxation
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The evidence on international capital immobility is extensive, ranging from the correlations between domestic savings and investment pointed out by Feldstein-Horioka (1980), to real interest differentials across countries, to the lack of international portfolio diversification. To what degree does
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美国国家经济研究局创建时间：
1994-07-01
