in fertility decreases the optimal capital intensity, because a higher fertility increases the investment required to …

only in the case where there is no investment and the interest rate channel only originates in the savings decisions of … households. The paper derives the dynamic IS curve analytically in a model with investment, where the interest rate channel … originates both in the the savings decisions of households and the investment decisions of firms. This generalized dynamic IS …

investment behaviour, consumption behaviour and government expenditures, investigating to what extent changes are related to … financialization. Households experience higher debt levels. Rising profits of businesses come with only moderate investment. The notion …

With our book Saving and Investment in the Twenty-First Century: The Great Divergence (published as open access), we …

measures of saving and investment understate both the extent to which we save and the extent of the resources that we allocate … to investment. Moreover, the national accounts data do not allow us to monitor substitution between tangible and …

supposed drivers of imbalances in the build-up to the Great Recession: unequal developments in investment, competitiveness and …

This paper analyses the impact of exchange rate uncertainty upon the pattern of investment in different exchange rate … exchange rate regimes indicates that currency volatility exerts only a small influence upon the level of investment spending …