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Finance and productivity : a literature review

Heil, Mark T. - 2017

This paper surveys a broad range of studies and highlights the main findings of the empirical literature regarding business finance and productivity. Numerous studies analyse the productivity effects of financial development and frictions. The results suggest: 1) Financial development likely has...

Persistent link: https://www.econbiz.de/10011700187

Micro jumps, macro humps : monetary policy and business cycles in an estimated HANK model

Auclert, Adrien; Rognlie, Matthew; Straub, Ludwig - 2020

Persistent link: https://www.econbiz.de/10012197370

Relative wealth concerns, executive compensation, and systemic risk-taking

Liu, Qi; Sun, Bo - 2016

exert effort in utilizing investment opportunities, which helps them keep up with their peers during industry movements. In …

Persistent link: https://www.econbiz.de/10011562951

Uncertainty, investment and growth : the impact of volatility and disaster risk on aggregate investment

Dihle, Hanno - 2019

investment decisions play with regard to business cycle fluctuations.<br><br>However, the inclusion of real option values in … crisis. Within a partial investment model, two kinds of uncertainty are introduced: volatility and disaster risk. The article … expands the literature by integrating a jump-diffusion process into an entry-exit framework for investment decisions. In …

Persistent link: https://www.econbiz.de/10012144945