In this paper, we first introduce investment-specific technology (IST) shocks to an otherwise standard international … the relative price of investment to build and estimate these IST processes across the U.S and a ""rest of the world …

This paper examines some factors that may have accounted for the investment and growth performance of Ghana during the …

This paper extends recent work by Feldstein and Horioka (1980) and Bayoumi (1990), and examines saving-investment … non-EMS countries. It is seen that the EMS countries exhibit much lower saving-investment correlations than their non …

This paper analyzes the strategic role of investment from a debtor country’s perspective. The framework is one in which …, if the debtor country is unable to meet debt obligations, a bargaining regime determines the amount of debt repayment. In … the context of a two-country real trade model, debt repayment is equal to the trade surplus of the debtor. The outcome of …

This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …

the recovery of private investment was the main driving force, as the private sector saved most of its interest income on … public debt. The paper also analyzes some of the costs and benefits associated with trade liberalization. While there is no … stimulating exports and investment …