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the US. Their work suggests private sector expenditure (investment) on intangibles is about 13% (11%) of US GDP 1998 … around £116bn (10% of GDP) which is about equal to UK investment in tangible assets. Of the £127bn expenditure, (in …-2000, with intangible investment about equal to tangible capital investment. Our work, using a similar method, suggests the UK …
Persistent link: https://www.econbiz.de/10010284183
Swedish census data and tax records reveal an astonishing wage compression; the Swedish skill premium fell by more than 30 percent between 1970 and 1990 while the U.S. skill premium, after an initial decline in the 1970s, rose by 8 - 10 percent. Since then both skill premia have increased by...
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In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in spite of income paths being similar. We explore several possible causes, including different employment paths, housing ownership and expenses, levels and paths of health status,...
Persistent link: https://www.econbiz.de/10011786830
with an increase in the share of the top percentile group. Likewise, a fall in the marginal tax rate on investment income …
Persistent link: https://www.econbiz.de/10010270632
appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement issues … as intermediate consumption. Thus they do not count as either GDP or investment. We ask how treating such spending as … investment affects some key macro variables, namely, market sector gross value added (MGVA), business investment, capital and …
Persistent link: https://www.econbiz.de/10010284188
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financing and buyouts by private equity investors on investment of portfolio firms in the UK and France - two countries with … higher investment levels and a lower dependence on internal funds after expansion financing. Buyouts financed by venture … capital companies are neither associated with a decrease in investment spending nor with an increase in the dependence on …
Persistent link: https://www.econbiz.de/10010265827