that financial development is significantly related to investment. Specifically, adding indicators of financial development … to a standard investment model (Jorgensen, 1967), we find these indicators to be highly significant. This is interesting …, as the previous empirical evidence regarding the finance-investment link has been mixed, especially when the sample was …

that financial development is significantly related to investment levels. DiVerent indicators of financial development are …

In several OECD countries, investment rates in the business sector grew strongly in the second half of the 1990s. In … some cases, the strength of private investment relative to output growth had raised concerns about the risk of capital … overhang and the prospect of a prolonged period of slow capital formation in order to bring investment levels back to more …

The authors analyze the dynamics of national saving-investment relationships to determine the degree of international … and investment in the long run as reflecting a solvency constraint, rather than as evidence of limited capital mobility … (Feldstein and Horioka 1980). As in Jansen (1996, 1998), the authors also examine the short-term saving-investment relationship …

In several OECD countries, investment rates in the business sector grew strongly in the second half of the 1990s. In … some cases, the strength of private investment relative to output growth had raised concerns about the risk of capital … overhang and the prospect of a prolonged period of slow capital formation in order to bring investment levels back to more …