Showing 1 - 10 of 89,426
In this paper we examine from a sectoral point of view the main trends of investment in the Brazilian economy in the … modernization, it is concluded that the three expansion fronts allow a new wave of investment focused on expansion, diversification …
Persistent link: https://www.econbiz.de/10010503410
Rothbard's (1993) analysis incomplete in that it unduly portrays a rise in the volume of investment as a necessary counterpart … and Rothbard. We explore these implications, demonstrating that the present demand schedule and the volume of investment …
Persistent link: https://www.econbiz.de/10013033534
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
investment in a DSGE model? We offer an alternative to microfrictions explanation of aggregate investment non-linearities, in … particular the heteroscedasticity of investment rate. Additionally, consistent with the data, these shocks imply that investment … predicts opposite investment behavior or fails to quantitatively capture these features in the data …
Persistent link: https://www.econbiz.de/10009625911
economists identify saving and the credit supply by interpreting the macroeconomic saving-investment identity as a budget … supply of credit and thus more funds to be invested by firms for investment. The paper shows that proponents of this theory …
Persistent link: https://www.econbiz.de/10010201646
This paper critiques Rothbard's ([1962] 2004) concept of gross investment. Rothbard introduced the concept in order to … investment as he defines it does not contain significant information concerning the question as to whether the capital structure …
Persistent link: https://www.econbiz.de/10010481407
argue that there is much confusion about key macroeconomic concepts like saving, investment and finance. This confusion is … best summarised in the statement "saving finances investment". After clearly defining the accounting relationships between … lending, financial saving and physical investment it will be shown that this is a nonsense statement. The theory behind it …
Persistent link: https://www.econbiz.de/10009672542
investment. These trends are related at the corporate level, where corporate managers have stronger incentives to pursue short … investment in physical infrastructure. This prioritization results because the corporate governance system is biased towards the …
Persistent link: https://www.econbiz.de/10013127713
accumulation and decumulation of capital. This yields a coherent view of the interrelations of real and nominal saving–investment … indispensable for the viability of the market system. An equilibrium of saving and investment would be rather disadvantageous for …
Persistent link: https://www.econbiz.de/10013067543
embodied in new vintages of capital that differ due to Investment Specific Technological Change. Higher ISTC acts as an energy …
Persistent link: https://www.econbiz.de/10012963629