A recently much debated issue is why observed investment and growth rates inpoor countries are lower than traditional … investment rates is notmonotonic but follows a hump-shaped pattern. The empirical evidence shows thatalthough very poor economies … have very low investment rates there are'intermediately' developed economies that exhibit extremely high investmentrates …

environment.Until recently, empirical studies measuring just how important institutions are for growthand investment have been ….In this paper the most important empirical studies on the relationship betweeninstitutions and growth and investment, and the …,showing as an important aside which (economic) variables have been found to be robustlyrelated to growth and investment. Section …

This paper considers spot variance path estimation from datasets of intraday high frequency asset prices in the … microstructure noise has an adverse effect on both spot variance estimation and jump detection. In our approach we can analyze high …