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

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 …In a world of integrated capital markets, the price of credit - which I measure by short-term expected real interest …. I implement this approach empirically by approximating the world by aggregates for ten major developed countries. For …

rates — is determined to equate the world aggregate of investment demand to the world aggregate of desired national saving …In a world of integrated capital markets, the price of credit — which I measure by short-term expected real interest …. I implement this approach empirically by approximating the world by aggregates for ten major developed countries. For …