volume of investment. Its application to the United States economy and the economies of other major OECD nations suggests …

This paper attempts to give a structural interpretation to the distributed lag of sales on investment at the two … implications. It then estimates the model, using both data on investment and sales as well as direct evidence on the sources of …

. Alternatively, if the cash-in-advance constraint applies to gross investment as well as consumption, then a permanent increase in …

Most of the empirical work on investment is based on the existence of a relation between investment and the expected … demand and technology and examine its relation to investment.We find that variations in this present value series are … value series, although significantly related to investment, still leaves unexplained a large, serially correlated fraction …

, does not allow separation of the savings decisions of agents from the investment decisions of firms. Investment is … essentially passive: the "one good" assumption leads to a perfectly elastic investment supply; the absence of installation costs … for investment leads to a perfectly elastic investment demand. On the other hand, the standard model of temporary …

on average q in a univariate regression of investment on average q. In a multiple regression of investment on average q … financial constraint, but it does not indicate a shortage of liquidity to fund current investment. In addition, the coefficient …

convex cost of adjustment. A baby boom increases national saving and investment and thus causes an increase in the price of …. Social Security can potentially affect national saving and investment, though in the long run, it does not affect the price …