We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth …) firm growth independent of firm size, as stated in the so-called Gibrat's law, and (iii) R&D investment proportional to …

This paper uses a quasi natural experiment to explore how financial education changes savings, investment, and consumer …

technology of private investment. Government policies that discourage saving might make the Schumpeterian vision of a shift from …

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 …

It is well understood that investment serves as a shock absorber at the time of crisis. The duration of the drag on … investment, however, is perplexing. For the nine Asian economies we focus on in this study, average investment/GDP is about 6 … between the sustained reserve accumulation and the persistent and significantly lower levels of investment in the region. Put …

investment rates observed in OECD countries. We find that once controlling for general equilibrium effects the saving …

This paper analyzes the impact on firm behavior of the Homeland Investment Act of 2004, which provided a one-time tax …. Repatriations did not lead to an increase in domestic investment, employment or R&D -- even for the firms that lobbied for the tax …

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

change in US saving is absorbed by increased domestic investment (contrary to Feldstein & Horioka). Almost half of the fiscal … deficits and increases in investment in other countries in the world. We cannot reject that the shock is uniformly transmitted …