Ramay and Ramay (1991) also found a statistically significant value to the “consumption insurance premium". In addition, Bar-Levy (2004) found that an increase in investment during peak periods contributes less to growth than the negative impact to growth from a reduction in investment during a recession.
Let me also congratulate you for working hard to keep exports performance one of the few bright spots in our macroeconomy. I hope that we can go beyond the 13.7 percent growth we had in August for the rest of the year.