of policy priority is derived. Efficient tax policy ranks investment in human capital higher than investment in nonhuman …

view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to …

results suggest that the correlation between investment and savings depends on institutions, exchange rate risk and credit …

The paper analyses adverse investment, growth and distributional effects of ultra-loose monetary policies based on the … substitute real investment by financial investment. When interest rates are expected to fall in the long term, the marginal and …

negative impact of outward direct investment on IR accumulation is consistent with the recent trend of diverting international … direct investment and IR in the pre- and post-crisis period. The macro-prudential policy tends to complement IR accumulation …

The optimal investment to mitigate climate change crucially depends on the discount rate used to evaluate the … investment's uncertain future benefits. The appropriate discount rate is a function of the horizon over which these benefits … accrue and the riskiness of the investment. In this paper, we estimate the term structure of discount rates for an important …

investment behaviour is to anticipate the implementation of a climate policy by roughly 10 years. Investing in innovation ahead …

China's increased trade with and investment in Africa have boosted the continent's economic growth but have also … generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and … investment is small, though growing rapidly. China's attraction to resource-rich countries is no different from Western …

higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of … marriage and with lower savings rates in the presence of diseconomies of marriage. In the context of traditional gender roles … traditional gender roles and marital status to understanding cross-country variation in gender differentials in savings behavior …