sense of very high investment and very low consumption, giving rise to rapid capital accumulation; and an imbalance between … investment if it generates excess liquidity and asset bubbles. The current account surplus rose remarkably in the years 2004 …

savings and investment, credit and housing booms in some countries and the allocation of resources towards less productive … to be reduced, which, in turn, is weakening investment and therefore weighing on growth prospects and growth potential …

expected technical change, the higher the firms's investment rate and the lower the households' savings rate, remaining …

been significant changes in saving and investment patterns across the world and imbalances have narrowed considerably. Does …

This paper makes three contributions. First, I construct annual time series of gross domestic investment and national … document the long-run bivariate relationship between the time series of investment and saving. Third, I also examine the short …-run as well as the cyclical relationships between the time series of investment and saving. The results reported in this …

real interest rates are driven by variations in desired saving and investment. But based on data stretching back to 1870 … for 19 countries, our systematic analysis casts doubt on this view. The link between real interest rates and saving-investment … countries that dominate global monetary and financial conditions rather than common movements in global saving and investment …

real interest rates are driven by variations in desired saving and investment. But based on data stretching back to 1870 … for 19 countries, our systematic analysis casts doubt on this view. The link between real interest rates and saving-investment … countries that dominate global monetary and financial conditions rather than common movements in global saving and investment …

We investigate how the level of corporate leverage affects firms' investment response to monetary policy shocks. Based … investment demand more strongly after a contractionary shock, the price of capital declines sharply, which incentivizes all firms … regardless of their leverage to invest relatively more, muting the aggregate decline of investment. We provide empirical evidence …