This chapter examines the relationship between growth and inflation in the long-run. Although positive in the short-run, cross-country studies indicate a negative relationship between the two in the longer run. There is now considerable evidence to show that investment is one of the most important determinants of the long-run rate of growth. Recent developments in the theory of investment behav...

This paper examines how public disclosure affects private information acquisition activity in a market economy. We analyze a setting where traders with short-term investment horizons are allowed to trade on their private information prior to a public disclosure. We demonstrate in this setting that public disclosure stimulates investment in private information acquisition. This result is shown t...

this paper tries to express the investment behavior of irans economic sectors during 1959-2001 by means of proposing an econometric model. the results of the model are offered in two options: present status continuation and desirable status. the first option reveals that the continuation of the present trends in iran will lead to the economic growth of 3.9 percent and total investment growth of...