In an economy where entrepreneurs with unequal "abilities" face alternative investment projects, which differ in degree … of risk and productivity, we analyse the Nash equilibrium contracts arising from a banks-borrowers game in the context of …

In an economy where entrepreneurs with unequal "abilities" face alternative investment projects, which differ in degree … of risk and productivity, we analyse the Nash equilibrium contracts arising from a banks-borrowers game in the context of …

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 …

growth effects of an external demand shock could become significant when taking into account the domestic investment channel. … 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 …

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 …

the dynamics of labor productivity (value added per worker, a synthetic measure of capital deepening, labor quality and … total factor productivity) and of employment. We find that the ongoing slowdown in EMEs is largely structural, but there is …-sector productivity improvements. The scope for further reform and reform priorities differs across countries. In the longer run other …