This paper examines the behavior of business fixed investment in the United States in the 1980s. A background discussion of the long-term behavior of the components of business fixed investment is provided, setting the context for the empirical analysis. A standard neoclassical model of business...

Indonesia's banking sector underwent major deregulation around the end of the last decade, most notably in October of 1988. According to the author, there is no doubt that the quality and availability of banking services has increased markedly. Using micro data, he explores the impact of...