This paper studies the timing of privatization in 21 major developed economies in the 1977-2002 period. Duration …: privatization is delayed longer in democracies characterized by a larger number of parties and operating under proportional …

The paper reconstructs the items of the regional accounts, disposable income and wealth of the household sector for the …

We present a comparable set of results on the monetary transmission channels on firm investment for the four largest … channel. For each of those countries we estimate neo-classical investment relationships, explaining investment by its user … cost, sales and cash flow. We find investment to be sensitive to user cost changes in all those four countries. This …

and service sectors on capital stock, investment and value added. Our econometric estimates of an investment function …

exports on domestic demand for investment. In the last decade China has increased its dependence on external demand … rest of emerging Asia. Since 2001 investment expenditures have represented a key driver of Chinese GDP growth; as a very … large share of activity in the manufacturing sector is export oriented, we expect fixed capital investment in this sector to …

This paper studies the effects of monetary policy on the investment behaviour of various categories of Italian firms … collateral are more affected by monetary policy. In quantitative terms, the difference in the response of investment by different …

This paper investigates the relationship between exchange rate fluctuations and the investment decisions of a sample of … investment through the revenue channel, and a negative effect through the cost channel. The magnitude of these effects varies … fluctuations on investment is stronger for firms with low monopoly power and for those facing a high degree of import penetration …