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Retained Earnings, Foreign Portfolio Ownership, and the German Current Accoun...
In some countries, a sizable fraction of savings is derived from corporate savings. Although larger, traded corporations are often co-owned by foreign portfolio investors,... -
Migration, Diversity, and Economic Growth. A Replication Study of Bove and El...
A recent and well known paper, Bove and Elia (2017), argues that migrants' diversity, as captured by the indexes of both fractionalization and polarization, exerts a positive... -
Did marginal propensities to consume change with the housing boom and bust? (...
To improve estimates of household consumption behavior, we extend a widely-used model by allowing for dynamic consumption elasticities with respect to transitory income shocks....
