reallocated from the private to the public sectors, reducing investment and deepening the recessions even further. To account for …. This implies that domestic debt purchases displace productive investment. The model shows that these purchases reduce …

, the rise in exports and decline in imports will reduce output available for U.S. consumption and investment by about 0 … investment -- both domestically produced and imported -- at 1.9 percent a year. That is the same as the average growth during the …

investment opportunities drive the cross-sectional variation in the post-liberalization investment increases …

the Great Recession and ensuing recovery. Our multi-sector framework accounts completely for countries' trade, investment … declines in durables investment efficiency, account for most of the collapse in trade relative to GDP. Shocks to trade …

increases in government spending have a strong negative effect on investment spending …

The national-income accounts double-count investment, which enters once when it occurs and again in present value as … exaggeration of capital-income shares. An alternative measure involves a form of full expensing of gross investment. In the steady … consumption because full expensing applies to the long-run flow of gross investment …