possible shifts in global savings and investment that have led to this fall in the world real interest rate. There are several … factors explaining movements in savings and investment are variables that evolve relatively slowly over time, such as labour … key findings. First, the authors identify the relative weakness in investment demand as more important than the relative …

reduce their investment. This is the "Loanable Funds" theory. Ben Bernanke's "Global Saving Glut" thesis is based on this … sind. Oft ist das genaue Gegenteil wahr: Wirtschafter können nur sparen, wenn andere Wirtschafter einen Kredit aufgenommen …, sondern erlauben erst dem Rest der Welt, überhaupt Ersparnis zu bilden. …

the model used in this paper, savings and investment are co-determined through adjustments in the real interest rate, and … quantitatively large. For plausible parameter values, the differences in growth rates, savings rates and investment rates are of the … of overlapping generations, in the context of a class of endogenous growth theories with investment adjustment costs. In …

characterization of asset premia and precautionary savings effects in steady state …

Conventional logic suggests that lowering the policy interest rate will stimulate consumption and investment while …

region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving-investment … required in the world economy. In this paper, I provide an empirical characterization of the composition of GDP levels and … growth. Investment growth has dominated GDP growth in China during this decade but is also important in the cases of India …

by integrating the balance of payments and national income accounting equations to show that domestic investment is … - 1974 - empirically support the theory. In contrast to the Feldstein-Horioka findings, a lower saving-investment coefficient …

region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving-investment …. -- Growth contributions ; national savings and investment ; current account balance ; welfare consequences of growth … required in the world economy. In this paper, I provide an empirical characterization of the composition of GDP levels and …