This contribution discusses the book Saving and Investment in the Twenty-First Century: The Great Divergence by . It … private saving over private investment at full employment, and an excess of the private desire to hold net financial assets …

early 1990s, are analysed with respect to their potential medium- to long-run effects on investment and growth. A comparison … investment activity. …

with an investment function very close to Kalecki's original writings. The effects of interest rate variations on the short … endogenously determined equilibrium values of the model do not only depend on the parameter values in the saving and investment … growth with respect to the specification of the investment function. …