This paper examines the role of local housing supply conditions for social capital investment. Using an instrumental variables approach and data from the Social Capital Community Benchmark Survey, it is documented that the positive link between homeownership and individual social capital investment is largely confined to more built-up neighborhoods (with more inelastic supply of new housing). T...

Investment in the agricultural sector is important because this sector greatly affects the realms of providing food independence and security, employment, sustainable development, and environmental preservation. So, this study investigated the socio-economic impacts (direct and indirect effects) of the investment development policy on the agricultural sector and its sub-sectors in Iran in 2011 ...

We study a bargaining situation—an indefinitely repeated investment game in which Player A decides how much of an endowment he wants to invest whereas Player B decides how much of the then tripled investment she wants to return. In two studies, we show that participants in the role of Player A make substantial investments (“trust”), those in the role of Player B return substantial parts of the ...

We examine the effects of disaggregated government expenditure on investment using fixedand random-effect methods. Using the government budget constraint, we explore the effects of taxand debt-financed expenditure for the full sample, and for sub-samples of developed and developing countries. In general, tax-financed government expenditure crowds out more investment than debtfinanced expenditur...

BEA is studying proposals to change the treatment of insurance services in the national accounts. There are 5 proposed changes: investment income will be added as a supplement to the premiums paid by policyholders; investment income is to include interest, dividends and capital gains; a measure of expected investment income will be incorporated; a measure of expected claims will be incorporated...