multiplier effect), it quickly rises above pre-shock levels. The rebound in investment is facilitated by fiscal space, flexible … investment contractions on impact, but drive private investment to above pre-shock levels. Finally, we exploit firm …We study the response of corporate investment in Emerging Markets to unexpected fiscal shocks. We find that, although …

macroeconomic return of adaptation investment to natural disasters (NDs) and the impact of climate change. While the model follows … public finances. It also shows that adaptation investment has large returns in terms of private investment, employment …

transition towards the new post-shock steady state with a highly non-linear impact. Our results suggest that once a range of …

economic conditions, as well as monetary policy type, exchange rate regimes and fiscal rules, at the time of the shock. We …