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The macroeconomic effects on growth, investment and private sector employment of different ways of rolling back the … cutting public spending on private goods induce an investment boom. Making the tax system less progressive by cutting tax … credits and the income tax rate induces an investment boom as well. The effects of endogenous growth, adjustment costs for …
Persistent link: https://www.econbiz.de/10011506465
The emphasis in post-Keynesian macroeconomics on wage- versus profit- led growth may not have been helpful. The profit share is not an exogenous variable, and the correlations between the pro.t share and economic growth can be positive for some exogenous shocks but negative for others. The...
Persistent link: https://www.econbiz.de/10011522218
holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …
Persistent link: https://www.econbiz.de/10011609531
This study aims to analyze the Keynes' investment and saving model in Indonesia from 1981 to 2018. The researchers use … affects the consumption loans more compared to the investment loans. Besides, increased consumption compared to saving has … more influence in raising investment. However, the Vector Error Correction Model proves that saving negatively affects …
Persistent link: https://www.econbiz.de/10014466431
holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …
Persistent link: https://www.econbiz.de/10010369179
the parameters that determine the distribution of the expected returns on investment. During a crisis that increases … macroeconomic uncertainty and reduces asset prices, the threshold required return that triggers investment is lower for an informed … investment may increase, is mostly by informed investors, and as time goes on is progressively more by investors who were …
Persistent link: https://www.econbiz.de/10003794455
the parameters that determine the distribution of the expected returns on investment. During a crisis that increases … macroeconomic uncertainty and reduces asset prices, the threshold required return that triggers investment is lower for an informed … investment may increase, is mostly by informed investors, and as time goes on is progressively more by investors who were …
Persistent link: https://www.econbiz.de/10003905028
We present an intertemporal consumption model of consumer investment in financial literacy. Consumers benefit from such … investment because their stock of financial literacy allows them to increase the returns on their wealth. Since literacy … depreciates over time and has a cost in terms of current consumption, the model determines an optimal investment in literacy. The …
Persistent link: https://www.econbiz.de/10008856384
In this paper, it is argued that the observed high positive correlation between national savings and investment which … of the Feldstein-Horioka puzzle. -- Savings Investment Correlations ; Monetary Policy Shocks ; Feldstein-Horioka Puzzle …
Persistent link: https://www.econbiz.de/10003387394
the parameters that determine the distribution of the expected returns on investment. During a crisis that increases … macroeconomic uncertainty and reduces asset prices, the threshold required return that triggers investment is lower for an informed … investment may increase, is mostly by informed investors, and as time goes on is progressively more by investors who were …
Persistent link: https://www.econbiz.de/10013132094