accumulation process lead to fluctuations in the real returns from intermediated investment. For this economy, we find that the … output, investment is negatively correlated with output, variations in the capital stock are quite large and interest rates …

associations, mortgage companies, investment banks and securities markets - that emerged to fill specific financial niches, compete …

neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …

and investment. However, for growth, higher inequality tends to retard growth in poor countries and encourage growth in …

features of the world at present are the low rates of investment and growth in some of the richest countries, whose surpluses … account for about half of the US deficit. The result is that financial capital is flowing out of countries with low investment …

growth. Investment growth has dominated GDP growth in China during this decade but is also important in the cases of India … and Vietnam. <br> <br>To examine the global implications of domestic growth patterns in Asia, I analyze saving-investment … region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving-investment …

by introducing intangible investment and non-neutral technology change with respect to producing intangible investment …. We use the theory to compare current accounting measures for labor productivity and investment with the corresponding … measures for the model economy with intangible investment. Our findings show that standard accounting measures greatly …