Pelgrin, Florian; Schich, Sebastian; de Serres, Alain - 2002
In several OECD countries, investment rates in the business sector grew strongly in the second half of the 1990s. In … some cases, the strength of private investment relative to output growth had raised concerns about the risk of capital … overhang and the prospect of a prolonged period of slow capital formation in order to bring investment levels back to more …
