on companies’ capital retirement behaviour. It is conducted using individual company data, as well as original data on … estimation of capital retirement models may be summarised as follows: i) The retirement rate decreases with the variations in … countercyclical decelerator effect on capital retirement; ii) The capital retirement rate increases with the structural intensity of …

on companies' capital retirement behaviour. It is conducted using individual company data, as well as original data on … estimation of capital retirement models may be summarised as follows: i) The retirement rate decreases with the variations in … countercyclical decelerator effect on capital retirement; ii) The capital retirement rate increases with the structural intensity of …

The paper investigates the growth effects of public capital in Portugal using annual data for the period 1965-95. Both … a production function and a vector autoregressive model are estimated. Public capital is shown to be a significant long …, a substantial growth payoff from public investment. Disaggregating public capital shows that investment related to …

of capital -- is incorporated into the theory and estimates. The methodology advocated by Hansen and Singleton (1982) is …A firm may acquire additional capital input by purchasing new capital or by increasing the utilization of its current … capital. The margin between capita accumulation and capital utilization is studied in a model of dynamic factor demand where …

used model in macroeconomic analysis, although has changed the whole structure of macroeconomic theory and policy …

This Selected Issues paper examines the behavior of savings and investment from an Asian and Singaporean perspective …. It builds and estimates two econometric models that relate savings and investment to a range of macroeconomic and … notes that employment uncertainty did have a significant negative impact on consumption and raised precautionary savings. It …

Piketty’s influential book Capital in the Twenty-First Century and its prominent review by Milanovic in the Journal of … Economic Literature both assert the inevitability of an increasing share of capital in total income, given a higher rate of … return to capital than the rate of growth in income. This paper shows by a specific example, a logical argument and its …

because capital accumulates faster than labor income in several countries, especially in the U.US. Although the overall … inequality than the one highlighted in the book —namely, a world-wide global tax on capital. …

I offer a critical reading of Thomas Piketty's book, Le Capital au XXIème siècle, Seuil, 2013. …