Over the U.S. business cycle, fluctuations in residential investment are well known to systematically lead GDP. These dynamics are documented here to be specific to the U.S. and Canada. In other developed economies residential investment is broadly coincident with GDP. Nonresidential investment...

Across the OECD, farmers are voluntarily forming community-based associations to help achieve a more sustainable agriculture. What are the reasons behind this phenomenon? How can it be encouraged? To what extent can such group-based voluntary action substitute for, or complement, existing...