Crowding Out Redefined: The Role of Reserve Accumulation
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It is well understood that investment serves as a shock absorber at the time of crisis. The duration of the drag on investment, however, is perplexing. For the nine Asian economies we focus on in this study, average investment/GDP is about 6 percentage points lower during 1998-2012 than its average
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美国国家经济研究局创建时间：
2013-11-01
