The aim of this paper is to empirically examine the relationship between saving and investment for 6 Middle East and … Model. The long run estimation reveals causality between investment and saving for the entire sample. The Granger causality … tests confirm this result and validate the presence of bidirectional causal relationship between investment and saving …

We estimate a New-Neoclassical Synthesis model of the business cycle with two investment shocks. The first, an … investment-specific technology shock, affects the transformation of consumption into investment goods and is identified with the … relative price of investment. The second shock affects the production of installed capital from investment goods or, more …

We estimate a New-Neoclassical Synthesis model of the business cycle with two investment shocks. The first, an … investment-specific technology shock, affects the transformation of consumption into investment goods and is identified with the … relative price of investment. The second shock affects the production of installed capital from investment goods or, more …

During the U.S. Great Recession, investment declined more among firms whose indebtedness increased. Instead of investing …

This paper argues that the investment–savings imbalances of households and companies play an important role in … determining the probability that an economy experiences a credit-less recovery, following a recession. The investment–savings gap …-less recoveries are indeed associated with both low and declining financing needs of the private sector, as proxied by the investment …

savings, thereby contributing to higher investment. The dynamics of such productivity shocks have been disentangled into trend …

. Compared with mediumsized firms, small firms have a higher marginal product of capital and thus better investment opportunities … average, firms accumulate cash by cutting investment and employment in recessions, which reduces aggregate output and …

corporate net lending determinants. We disentangle the effects of the profit share on corporate saving and investment and …