Now close to 50 percent of GDP, this paper assesses the appropriateness of China’s current investment levels. It … stand out, partly due to a surge in investment over the last decade. Moreover, its investment is significantly higher than …. However, because its investment is predominantly financed by domestic savings, a crisis appears unlikely when assessed against …

Advocates for internal model-based capital regulation argue that this approach will reduce costs and remove distortions …

This paper extends the q-theory of investment to model explicitly the decision of firms to invest in intangibles and … investment to the overall capital stock. The downward trend in the aggregate investment deflator series reported by national … in the price of intangibles rather than focusing only on their rising share in overall investment. …

legacy of high debt or leverage. Models of corporate investment behavior based on imperfect capital markets predict that … highly leveraged balance sheets can act as a brake on investment spending. The paper's empirical analysis suggests that … leverage effects on corporate investment can be substantial and persistent, particularly if leverage exceeds threshold values. …

development. We find that liberalization is associated with a short-term increase in real private investment growth of about 14 …