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.Institutional subscribers to the NBER working …

investment, especially for long samples that begin in 1891 or 1921. Moreover, for the period since 1921 where data on a q … Canadian investment, except that the U.S. stock market turns out to have move predictive power than the Canadian market. I …

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

rates — is determined to equate the world aggregate of investment demand to the world aggregate of desired national saving …