investigated with respect to contemporaneous causality, dynamics,and structural change. In the first essay, nation-wide industry … (DAG) for contemporaneous causality and Bernankedecomposition for dynamics. The evidence shows that the information … considercontemporaneous causality and possible structural breaks (changes). The dissertationemphasizes causal inference and structural …

output, saving and investment for the period of our study, 1960 to 2003. The analysis uses Lee and Strazicich (2004 … around 0.35. The role of investment was found to be imprecise in the long run. The short run estimates show that saving has a … saving have only transitory effects on the growth in output. The other important result found that investment dynamically …

and Facts The basic model: the consumption/saving choice Allowing for a labor/leisure choice (the RBC model) Allowing for … non trivial investment decisions Allowing for two goods Introducing money Introducing price setting Introducing staggering …

households’ income, savings, borrowing and financial wealth evolved in 2018. The improvement in the labour market and the more …) values, and against a backdrop of very low interest rates, sustained household expenditure. The saving rate rose slightly in …

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 …

raises the saving rate and thereby increases the rate of physical capital accumulation. Second, it reduces accidental … bequests, lowers investment, and thereby lowers the rate of physical capital accumulation. Third, it may lead the median voter …

This paper considers savings, investment and economic growth for India using annual time series data for the period …-Weil hypothesis; the study also finds that saving unambiguously determines investment in both the short and long runs. No evidence is … found to support the commonly accepted growth models in India, that investment is the engine of economic growth. …

taxation on labor supply and savings; corrective taxes for externalities; taxation and corporate behavior; and tax expenditure …

productivity spillovers and absorptive capacity of the firms is analyzed. Finally, the role of the Volkswagen’s investment into the …