the effect that later retirement ages have on aggregate household saving rates, both on a theoretical and empirical level … aggregate household saving rates. We show that it is likely that this corresponds to a decrease in household saving. In addition …

retirement date is largely determined by the degree to which utility is additively separable in consumption and leisure. We show …-separable in consumption and leisure, and the cross-derivative of the utility function is negative, than when preferences are …In this paper we demonstrate that the magnitude of the reaction of saving behavior to a change in the anticipated …

is consistent across all ten census years. This paper also provides support for earlier results that low investment rates …

productivity and investment rates based on bivariate examinations of the data are ambiguous. The paper concludes by examining the … impact of concentration on employment and investment rates using a dynamic heterogeneous panel estimation methodology. We … find that increased concentration unambiguously lowers employment. For investment rates, increased inequality of market …

This study empirically examines the pattern of domestic investment that is consistent with a neoclassical supply … level of financial development are significant determinants of domestic investment in Nigeria. The distinctive feature of … the study is the significant role played by governance in explaining the long-term pattern of domestic investment in …

This paper studies the impacts of bank capital regulation on business cycle fluctuations. To do so, we adopt the … a positive monetary policy shock on business cycle fluctuations. We then look at the impacts of a negative shock to the …

of lower interest rates on output can help restore the value of the currency due to increased money demand.. …