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This paper examines the impact of interest rates and inflation on bank loans and investment within a framework that … treating the lending and deposit rates of interest as distinct parameters in investment equations. The spread between the two …
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regimes depending on the values of the parameters in the investment, saving and distribution function. Estimating these core …
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of overlapping generations, in the context of a class of endogenous growth theories with investment adjustment costs. In … the model used in this paper, savings and investment are co-determined through adjustments in the real interest rate, and … the equilibrium investment rate determines the long-run growth rate. The two classes of models have similar predictions …
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resource curse does not hold in a world with capital as production factor. Low interest rates now trigger an investment boom …
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