and investment, we are able to capture many of the key empirical properties of Germany and Japan's postwar transitions … capital-output ratio, rising rates of investment and employment, and moderate rates of return to capital. …

An extensive and increasingly persuasive body of empirical evidence has linked a firm's fixed investment expenditure to … such empirically-based investment functions, particularly those where internal funds affect only the speed of adjustment …, and (2) the dynamic properties of this latter class of investment functions. A class of models is explored featuring …

examine two-sector, putty-putty, vintage capital models. Technological growth is tied to investment in the research sector …