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

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 …

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 …

, investment in capital goods and a non-traded good. Such an environment is rich enough to explain several phenomena that are … inexplicable in more barren models. We suggest an explanation of why saving and investment may be correlated even with no … restrictions on trade in assets. We explain why a high saving country may nonetheless borrow from abroad to finance investment. We …

convex cost of adjustment. A baby boom increases national saving and investment and thus causes an increase in the price of …. Social Security can potentially affect national saving and investment, though in the long run, it does not affect the price …

increases in domestic savings rates induce approximately equal increases in domestic rates of investment. New estimates for the … flows than to their short-run behavior. Coefficient estimates based on annual variations in savings and investment are … post-OPEC period 1974-79 imply that each extra dollar of domestic saving increases domestic investment by approximately 85 …

, does not allow separation of the savings decisions of agents from the investment decisions of firms. Investment is … equilibrium used in macroeconomics characterizes both the savings-consumption decision and the investment decision, or … essentially passive: the "one good" assumption leads to a perfectly elastic investment supply; the absence of installation costs …

This article examines how the availability of annuities affects savings and inequality in economies in which neither … CBS utility function indicate that perfecting annuity insurance can significantly reduce national savings. Indeed, the … savings …

savings rate on the investment rate, as performed in the literature, are shown to be incorrect tests of the hypothesis of … between current accounts, budget deficits, investment rates and transitory output shocks. It is argued that such a model could … current account and savings equations. Empirical tests of the model for a sample of 18 OECD countries present good evidence …