Enhancing public and private investment, but also ensuring that this translates into higher growth and employment, have … long been key policy challenges in Arab countries. Reflecting an improvement in policies and global conditions, investment … differences across the region-investment has on average been somewhat weaker than in peer countries and less effective at …

This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …

results from the requirement that non-traded inputs are used in the investment process. In the short-run, though, the effects …

time-varying risk. Some work by Abel provided us with the insights needed to produce such formulas. This paper gives a …

past gains and losses on investors'' risk aversion. We first present a simple model on how heterogeneous changes in … investors'' risk aversion affect portfolio decisions and stock prices. Second, we empirically show that, when funds'' returns …

implementation of the infrastructure investment program, higher domestic saving, and structural reforms. …