Unlike the prediction of a frictionless open economy model, long-term average savings and investment rates are highly … that the calibrated model with both frictions produces a savings–investment correlation and a volume of capital flows close …

decision effects. Also, we do not find evidence that myopic markets lead to under-investment at the establishment level. On the …

Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on …

This paper finds that coherent regulatory policies can boost investment in network industries of OECD economies. Rate … changed investment in network industries. According to the theoretical literature, regulatory uncertainty exposes both types …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …