01679cas a2200253 a 4500 AALejournalIMF006816 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455209460 1018-5941 BD-DhAAL BD-DhAAL Rabanal, Pau. Forecasting U.S. Investment / Pau Rabanal, Jaewoo Lee. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (33 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The driving force of U.S. economic growth is expected to rotate from the fiscal stimulus and inventory rebuilding in 2009 to private demand in 2010, with consumption and particularly investment expected to be important contributors to growth. The strength of U.S. investment will hence be a crucial issue for the U.S. and global recovery. On the basis of several traditional models of investment, we forecast that the U.S. investment in equipment and software will grow by about 10 percent on average over the 2010-12 period. The contribution of investment to real GDP growth will be 0.8 percentage points on average over the same period. Mode of access: Internet Lee, Jaewoo. IMF Working Papers; Working Paper ; No. 2010/246 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/246/001.2010.issue-246-en.xml IMF e-Library