accumulation. Further, and from different theoretical perspectives, residential investment is seen as a critical driver of the …, we split aggregate investment into residential and nonresidential categories. Results confirm that residential investment … leads the cycle, whereas nonresidential investment lags it. Finally, we emphasize that a large majority of residential …

This paper provides a theoretical and empirical reassessment of supermultiplier theory. First, we show that, as a … result of the passive role it assigns to investment, the Sraffian supermultiplier (SSM) predicts that the rate of utilization … leads the investment share in a dampened cycle or, equivalently, that a convergent cyclical motion in the utilization-investment …

Migration policies need to consider how immigration affects investment behavior and productivity, and how these effects … vary with the type of migration. College-educated immigrants may do more to stimulate foreign direct investment and … in scientific and engineering fields. By raising the demand for housing, immigration also spurs residential investment …

Migration policies need to consider how immigration affects investment behavior and productivity, and how these effects … vary with the type of migration. College-educated immigrants may do more to stimulate foreign direct investment and … in scientific and engineering fields. By raising the demand for housing, immigration also spurs residential investment …

measured by loan-to-value (LTV) ratios? In a structural VAR, GDP and business investment increase following an expansionary LTV … shock. Residential investment, by contrast, falls, a result that depends on the systematic reaction of monetary policy. We … instrument, and, as a result, mortgage rates increase and residential investment declines. The monetary policy reaction function …