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Keywords:Capital investments 

Working Paper
Transitional dynamics of output and factor income shares: lessons from East Germany

I evaluate the quantitative implications of technology change and government policies for output and factor income shares during East Germany's transition since 1990. I model an economy that gains access to a high productivity technology embodied in new plants. As existing low productivity plants decrease production, the capital income share varies due to variation in the profit share of these plants. Two policies - transfers and government-mandated wage increases - have opposite effects on output growth, but both contribute to reducing the capital share during the transition. The model's ...
Globalization Institute Working Papers , Paper 43

Journal Article
Capital spending and capacity

FRBSF Economic Letter

Journal Article
Agencies adopt final rules concerning the regulatory capital treatment of nonfinancial equity investments

Federal Reserve Bulletin , Issue Feb

Journal Article
Public policy and capital formation

Federal Reserve Bulletin , Issue Oct , Pages 749-761

Report
Net private investment and public expenditure in the United States 1953- 1984

Staff Memoranda , Paper 87-10

Monograph
Inflation, taxes, and the composition of business investment

Monograph

Monograph
Small business capital formation

Monograph

Journal Article
Financing capital expenditures in Massachusetts

Spending on capital projects in Massachusetts has not contributed in any significant fashion to the states budget crisis. During the 1980s the state probably spent too little, rather than too much, on public infrastructure. The states nationwide are caught between the increased requirements of localities and decreased funding from the federal government. The Massachusetts situation is particularly troublesome. The state spent most of the 1980s embroiled in conflict with the Administration over federal funding for the Central Artery Depression! Third Harbor Tunnel project. ; The article ...
New England Economic Review , Issue Mar , Pages 52-79

Journal Article
Viewing the current account deficit as a capital inflow

With the 1998 current account deficit approaching $225 billion, attention is again focusing on the deficit's impact on U.S. jobs. Although a high deficit does adversely affect employment in export- and import-competing industries, it also means that considerable foreign capital is flowing into the United States, supporting domestic investment spending that stimulates growth and creates jobs.
Current Issues in Economics and Finance , Volume 4 , Issue Dec

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