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This paper analyzes the strategic role of investment from a debtor country’s perspective. The framework is one in which … this framework, the paper shows that productive investment may increase or decrease the bargaining power of the debtor …
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. Therefore, in an inflationary period generous tax depreciation provisions do not promote private investment as designed, but …
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This paper uses a unique experiment conducted as part of the Investment Survey of the European Investment Bank (EIB) to … provide novel evidence on firms' preferences over loan characteristics and the relation between terms of credit and investment …
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