offer a macroeconomic rationale which emphasizes the divergence between savings and investment in explaining the nature of … the relationship amongst inequality, net investment spending, and a country’s capital stock. For the United States over ….S. capital stock, net investment, and consequently no effect on economic growth. Another interesting finding of this study was …

investment and the U.S. capital stock (relative to GDP) to their golden rule levels. Specific comparisons are made for total … for the period since 1955. We conclude that the stocks and investment flows of producers' durable equipment …, for some periods, the investment flows have been near, and even exceeded, the golden rule values. By contrast, residential …