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capital accumulation. Further, and across different theoretical approaches, residential investment is seen as a critical …). Second, aggregate investment is then split into its residential and nonresidential categories. Results confirm that … residential investment leads the cycle, whereas nonresidential investment lags it. Finally, this study argues that residential …
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This paper provides a theoretical and empirical reassessment of supermultiplier theory. First, we show that, as a … result of the passive role it assigns to investment, the Sraffian supermultiplier (SSM) predicts that the rate of utilization … leads the investment share in a dampened cycle or, equivalently, that a convergent cyclical motion in the utilization-investment …
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Migration policies need to consider how immigration affects investment behavior and productivity, and how these effects … vary with the type of migration. College-educated immigrants may do more to stimulate foreign direct investment and … in scientific and engineering fields. By raising the demand for housing, immigration also spurs residential investment …
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Migration policies need to consider how immigration affects investment behavior and productivity, and how these effects … vary with the type of migration. College-educated immigrants may do more to stimulate foreign direct investment and … in scientific and engineering fields. By raising the demand for housing, immigration also spurs residential investment …
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