reallocated from the private to the public sectors, reducing investment and deepening the recessions even further. To account for …. This implies that domestic debt purchases displace productive investment. The model shows that these purchases reduce …

investment rates observed in OECD countries. We find that once controlling for general equilibrium effects the saving …

normative preferences without equating revealed and normative preferences. We illustrate these issues with evidence from savings … and investment outcomes …

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 …

fluctuations in savings on domestic investment and the current account? In the long run, we find that countries invest the marginal …Faced with income fluctuations, countries smooth their consumption by raising savings when income is high, and vice … versa. How much of these savings do countries invest at home and abroad? In other words, what are the effects of …

Foreign direct investment (FDI) is observed to be a predominant form of capital flows to low and middle income … countries with insufficiently developed capital markets. This paper analyzes the problem of channeling domestic savings into … productive investment in the presence of asymmetric information between the managing owners of firms and other portfolio …

-run criteria for capital mobility using time-series and cross-section analysis of saving-investment correlation for twelve …

technology of private investment. Government policies that discourage saving might make the Schumpeterian vision of a shift from …