There are competing views of how HIV/AIDS affects saving, and to a lesser extent, investment. One argument is that saving is reduced because of the disease; the other is that saving is actually increased. We find that saving is negatively impacted by the disease in poorer countries but increased...

This paper addresses the possibility of a correlation between inflation and investment for countries with inflation below 20%. The existing literature typically finds no correlation below this level of inflation. By instrumenting with an extensive set of political stability and regime variables...