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We study the macroeconomic effects of public and private investment in 17 OECD economies through a VAR analysis with … annual data from 1960 to 2014. From impulse response functions we find that public investment had a positive growth effect in … most countries, and a contractionary effect in Finland, UK, Sweden, Japan, and Canada. Public investment led to private …
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We empirically assess whether a usually expected negative response of private consumption and private investment to a … there is a fiscal consolidation; iii) there is a crowding-in effect for private investment, from fiscal contractions …
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of at least two days. The investment schemes with the highest ability to track the PSI 20 Index were PSI20 (ETF), BBVA …
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