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This paper explores how a principal with time-inconsistent preferences invests optimally in technology or capital. If the current principal prefers her future self to save more, she can increase current investments complementary to future savings and decrease investments in the strategic...
Persistent link: https://www.econbiz.de/10010223357
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The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and … ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns … economy-wide data with various breakdown. Significant shifts in investment patterns across sectors and ownership forms have …
Persistent link: https://www.econbiz.de/10012205874
mission into their investment policy. Despite the growing popularity of this concept it still greatly lacks a scientific … investment- and grantmaking policy. Further, in the framework of a meta-analysis, this article compares recently published data …
Persistent link: https://www.econbiz.de/10012163838
Persistent link: https://www.econbiz.de/10011782167
The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and … ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns … economy-wide data with various breakdown. Significant shifts in investment patterns across sectors and ownership forms have …
Persistent link: https://www.econbiz.de/10011657882
Persistent link: https://www.econbiz.de/10009726548
business investment. To promote economic convergence of Eastern and Western Germany after reunification, bonus depreciation tax … control group, we address the question if and to what extent these investment tax incentives boosted investment. In line with … were cut back in 1997. Moreover, there was a significant reduction in building investment in the year after the expiration …
Persistent link: https://www.econbiz.de/10010354738
the United States called Opportunity Zones (OZs). The goal of this provision was to spur private investment in OZs in … the impact of OZs on commercial investment and economic activity. Using data on the universe of all significant commercial … investments in the United States, we find that OZ selection led to practically no increase in investment in OZs. These findings …
Persistent link: https://www.econbiz.de/10013187185